| Eastern Refinery | |
|---|---|
| General information | |
| Type | Oil refinery |
| Location | North Patenga, Chittagong, Bangladesh |
| Elevation | 12 m (39 ft) |
| Completed | 1963 |
| Design and construction | |
| Owner | Bangladesh Petroleum Corporation |
Eastern Refinery is the one and the only oil refinery in Bangladesh. Eastern Refinery Limited (Locally known as ERL), a subsidiary of Bangladesh Petroleum Corporation, plays a vital role in supplying around 40% of the country’s current petroleum products’ demand and thus maintains stability in the POL Products’ market of the country. ERL sometimes becomes the only fall back system available, to avoid products crisis in the face of disruption of products’ import.
ERL as a profitable company in the Public Sector contributes substantially to the national exchequer in the form of dividend, taxes, VAT etc.
Contents |
Eastern Refinery was incorporated under Companies’ Act 1913(amended in 1994) as a Public Limited Company in 1963 with 35% EPIDC’s( East Pakistan Industrial Development Corporation) shares, 30% shares held by Burmah Oil Company (BOC) and the rest 35% by private entrepreneurs. From November, 1985, Bangladesh Petroleum Corporation (BPC) became the 100% share holder of the company.
Refinery went on-stream with three Processing Units:
New Process units added to original configuration:
| No | Processing Unit | Capacity in MT/Y |
|---|---|---|
| 1. | Crude Distillation Unit | 1.5 Million |
| 2. | Catalytic Reforming Unit | 70,000 |
| 3. | Natural Gas Condensate Unit | |
| 4. | Asphaltic Bitumen Plant | 70,000 |
| 5. | Long Residue Visbreaker Unit | 5,22,000 |
Under a Processing Agreement with BPC, ERL processes crude oil imported by BPC and delivers the finished petroleum products to the other subsidiaries of BPC for marketing and distribution. ERL processes Arabian Light Crude (ALC) and Murban Crude, imported respectively from KSA and Abu Dhabi and produces 15 petroleum products. ERL also processes natural gas condensate to the tune of 100,000 MT/Yr as crude mix. ERL's operational and other activities are as follows :
Eastern Refinery is basically a fuel refinery. Currently it produces 16 petroleum oil products