The government has undertaken a project to set up a petroleum pipeline between Chittagong and Dhaka at a cost of Tk 12 billion (1,200 crore) to help reduce transport cost.
"We've undertaken the project to install 250 kms fuel pipeline from Chittagong to Dhaka to save Tk 1.3 billion annually and ensure fuel security," energy and mineral resources secretary Abubakar Siddique told BSS on Wednesday.
He said the pipeline would ultimately help save Tk 1.3 billion a year by checking pilferage of fuel during transportation through river routes and highways.
The direct petroleum fuel pipeline would supply imported fuel and crude oil from Chittagong to the capital city, saving both time and money, he added.
The Bangladesh Petroleum Corporation (BPC) will implement the project, expected to be completed by 2017. Appointment of the consultant for the project is underway.
Besides, the Secretary said, the Energy and Mineral Resources Division of the Ministry of Power, Energy and Mineral resources has undertaken another project to install 16 kms pipeline from Kanchan Bridge to Hazrat Shahjalal International Airport with an estimated cost of Tk 400 million. He also said that the government has prepared a document, fixing a target to complete the project by 2016, also to save Tk 240 million annually.
Project undertaken to set up Dhaka-Ctg petroleum pipeline
FE Team | Published: July 23, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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