BPC imports eco-friendly low-sulphur fuel | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
The Business Standard

Saturday
September 30, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
SATURDAY, SEPTEMBER 30, 2023
BPC imports eco-friendly low-sulphur fuel

Bangladesh

TBS Report
14 September, 2020, 04:40 pm
Last modified: 14 September, 2020, 10:43 pm

Related News

  • BPC allowed to import 20% of diesel demand with high sulphur content
  • Tourism board to finalise its master plan in December
  • Bangladesh Parjatan Corporation launches new resort in Gazipur
  • Padma Bridge travel package at Tk999 launched
  • Padma Bridge travel package at Tk999 starts Friday

BPC imports eco-friendly low-sulphur fuel

The first consignment of the eco-efficient fuel arrived at Chittagong Port on Monday

TBS Report
14 September, 2020, 04:40 pm
Last modified: 14 September, 2020, 10:43 pm
BPC imports eco-friendly low-sulphur fuel

The Bangladesh Petroleum Corporation (BPC) has imported 15,000 tonnes of environment-friendly fuel containing 0.5 percent sulphur, as per the instructions of the International Maritime Organization (IMO).

The MT-TMN Pride Ship arrived at the Dolphin Jetty of Chittagong Port on Monday (September 14) with the first eco-efficient fuel consignment.

Starting to import this low-sulphur fuel will ensure fuel collection at local ports with equivalent standards to international ports.

The member organisations of Bangladesh Bunker Suppliers Association (BBSA) joined hands with Padma Oil Company Limited, Meghna Oil Company Limited and Jamuna Oil Company Limited to supply furnace oil with 0.5% sulphur content.

After the first phase of imports, BPC took the initiative to import about 12 lakh tonnes of sulphur-rich oil for six months in the second phase.

Six years ago, the IMO directed its member states to start using low-sulphur fuel, which came into effect in January 2020.

The IMO, in its 2019 guidelines, recommended banning ships from carrying fuel with more than 0.5 percent sulphur–to reduce marine pollution. Before the new guidelines, ships all over the world, including 35 in Bangladesh, used furnace oil with 3.5 percent sulphur content.

Ninety-five percent of the shipping companies worldwide have switched over to low-sulphur fuel to comply with the environmentally-friendly recommendation.

The enforcement of the new IMO regulation has made shippers look for costlier low-sulphur fuels on the Singapore market, resulting in a hike in freight charges.

BPC organized a program to mark the event, where its Chairman Shamsur Rahman was present as a chief guest. BPC Director (Operations and Marketing) Syed Mehdi Hasan, Senior General Manager Md. Abu Hanif, Managing Director of Padma Oil Company Limited Md Masudur Rahman, Managing Director of Meghna Oil Company Limited Mir Saifullah-al-Khaled, Managing Director of Jamuna Oil Company Limited Md Gias Uddin Ansari, Bangladesh Bunker Suppliers Association President Mizanur Rahman Mazumder, General Secretary Abdul Razzak, and others were also present.

Top News

Bangladesh Parjatan Corporation (BPC) / Sulphur fuel

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Harsher bilateral loans set to make external debt repayment tougher
    Harsher bilateral loans set to make external debt repayment tougher
  • BCL activist killed, 20 injured in AL-BNP clash in Chattogram
    BCL activist killed, 20 injured in AL-BNP clash in Chattogram
  • Photo: AFP
    Shakib-less Tigers make light work of Sri Lanka with big win in 1st World Cup warm up

MOST VIEWED

  • Photo: Collected
    Forex reserves fall to $21.15 billion
  • BRACU, DU, JU, NSU lead Bangladeshi universities in World Rankings 2024
    BRACU, DU, JU, NSU lead Bangladeshi universities in World Rankings 2024
  • Photo: BCB
    Shakib says he hasn't spoken with Litton since he broke his bat
  • File photo of Rooppur Nuclear Power Plant/UNB
    First batch of uranium reaches Rooppur
  • Photo: ICC
    BCB President should give less interviews: Shakib
  • Photo: RNPP project authorities.
    First shipment of nuclear fuel for Rooppur plant arrives in Dhaka 

Related News

  • BPC allowed to import 20% of diesel demand with high sulphur content
  • Tourism board to finalise its master plan in December
  • Bangladesh Parjatan Corporation launches new resort in Gazipur
  • Padma Bridge travel package at Tk999 launched
  • Padma Bridge travel package at Tk999 starts Friday

Features

Oh Oh Jaane Jaana: Enduring charisma of a quintessential 90s Bollywood song

Oh Oh Jaane Jaana: Enduring charisma of a quintessential 90s Bollywood song

12h | Features
Food delivery rider pedals through Dhaka's wet roads, ensuring timely deliveries despite the pouring rain. Photo: Syed Zakir Hossain/TBS

An unexpected rain, an unexpected expense: How food delivery men survive Dhaka’s storms

14h | Features
More than 86 lakh Bangladeshis went abroad as migrant workers in the last 14 years, according to BMET (Bureau of Manpower, Employment and Training). Naturally, these workers return to Bangladesh at some point to settle down. Photo: Syed Zakir Hossain

Why migrant workers have a hard time back at home

2d | Panorama
What impact will a forward forex rate have?

What impact will a forward forex rate have?

2d | Panorama

More Videos from TBS

Unarmed Armenians do not want to return to Nagorno-Karabakh

Unarmed Armenians do not want to return to Nagorno-Karabakh

2d | TBS World
Is injury the main reason Tamim is excluded from WC Squad?

Is injury the main reason Tamim is excluded from WC Squad?

2d | TBS SPORTS
Tourism master plan aims to attract 5.57m tourists annually by 2041

Tourism master plan aims to attract 5.57m tourists annually by 2041

1d | TBS Today
Economic zones to come under eco-friendly performance rating

Economic zones to come under eco-friendly performance rating

7h | TBS Economy
EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]