French company set to install second unit of Eastern Refinery
Talha Bin Habib | Monday, 5 December 2016
The government is set to appoint a French company for installation of the second unit of the Eastern Refinery (ER) aiming at quick refinement of imported crude oil for energy security, officials said.
To this effect, the government has taken a project 'Installation of Eastern Refinery (ER) Unit-2' with an approximate negotiated cost of over Tk 2.68 billion.
The Bangladesh Petroleum Corporation (BPC) has signed a memorandum of understanding with the Technip, France for installation of the second unit of the ER.
The ministry of power, energy and mineral resources (MoPE&MR) has sent a project proposal to the cabinet division for giving notification of award to the Technip and its approval on the draft proposal on the project.
The meeting of the cabinet committee on public purchase is expected to approve it on Wednesday.
The Technip is widely known across the world for its technical excellence compared with other international companies.
If approved by the cabinet committee, the French company will implement the project.
The Engineers India Limited (EIL) was given the responsibility for project management consultancy (PMC), according to the MoPW&MR.
The Technip had also helped install the ER in 1968.
The present unit of the ER has been doing well even after long 48 years of its commissioning.
The Technip submitted the proposal for Front End Engineering Design (FEED) of ER Unit-2 in October 27, 2016.
talhabinhabib@yahoo.com