Govt importing two oceangoing oil tankers amid fuel crunch
A government move gets underway to import two oceangoing oil tankers to beef up energy security as the Mideast imbroglio, officials say.Each vessel is of 40,000-55,000DWT (deadweight tonnage) capacity, which is planned to build up on the country's energy logistics.The state-owned Bangladesh Shipping Corporation (BSC) will procure the two vessels...
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ERL faces crude shortage amid import disruption
CHATTOGRAM, Apr 16: Eastern Refinery Limited (ERL), the only state-owned oil refinery in Bangladesh, has been facing a shortage of crude oil since the beginning of April as imported stocks are running low.The refinery is operating at a reduced capacity due to disruptions in crude oil imports linked to the...
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Sunamganj targets over 1.2m tonnes of Boro production
SUNAMGANJ, April 17 (BSS): Farmers of the district are expecting a good Boro harvest this season, with a production target set at 12,33,517 metric tons of paddy, according to the Department of Agriculture Extention.Boro paddy has been cultivated on 223,511 hectares of land across 137 haors in all 12 upazilas...
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Country has sufficient fuel reserves for April, May: Amit
CHATTOGRAM, April 17 (BSS) : State Minister for Power, Energy and Mineral Resources Anindya Islam Amit on Friday said Bangladesh had sufficient fuel reserves to meet demand through April and May, while steps are underway to ensure supply for June.He made the remarks during a visit to Eastern Refinery Limited...
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Australia secures extra diesel to bolster war-hit supply
KUALA LUMPUR, April 17 (AFP) : Australia has secured an additional supply of some 100 million litres of diesel from Brunei and South Korea, as the country looked to boost supplies hit by the Mideast war, Prime Minister Anthony Albanese said Thursday.The Australian leader's comments come as a crucial refinery...
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Venezuela, IMF, World Bank restore relations, paving way for investment
WASHINGTON, United States, April 17 (AFP) : The IMF and World Bank said Thursday they are restoring relations with Venezuela, further legitimizing the interim government and opening new doors to financial support.Within hours the Venezuelan government confirmed it too would recognize the relationship that has been frozen since 2019."Guided by...
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