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Crude stock runs low at Eastern Refinery
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Crude stock runs low at Eastern Refinery
Rising tensions in the Middle East and uncertainty surrounding the Strait of Hormuz have begun to affect crude oil supplies to Bangladesh’s only state-owned refinery, the Eastern Refinery Limited (ERL). Officials said the refinery in Chattogram currently has around 100,000 tonnes of crude oil in stock, enough to sustain production for another 20 to 22 days at most. If no new shipment arrives within this period, pressure could build on the refine…
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