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With the government's sincere efforts, Single-Point Mooring (SPM), a deep-sea floating oil pipe, successfully pumped 40,000 metric tonnes of crude oil from Maheshkhali Pumping Station to Eastern Refinery Limited (ERL) safely and smoothly on Friday.
According to a release issued by Deputy Information Officer of Power, Energy, and Mineral Resources Ministry Mir Aslam Uddin, the long-cherished SPM project was commissioned through the transportation of crude oil from Moheskkhali to ERL.
“Bangladesh Petroleum Corporation (BPC) initiated the SPM project to carry fuel through pipelines from mother vessels quickly, which would also save Tk 8.0 billion per annum,” State Minister for Power Energy and Mineral Resources Nasrul Hamid told reporters earlier.
He said once the project was implemented, it would reduce oil pilferage and time for fuel oil supply across the country.
“The Awami League government, led by Prime Minister Sheikh Hasina, has instructed the SPM to unload imported crude oil from deep seas in a more efficient and time-saving manner. The SPM will also ensure energy security in the country,” the state minister added.