hormuz To avoid the complications of the procedure, Bangladesh is now importing 1 lakh tonnes of crude oil from Saudi Arabia in an alternative route. This oil will be brought directly to the state-owned oil refinery through the Red Sea from the Yanbu Commercial Port of Saudi Arabia, located near the Red Sea, which is scheduled to load the oil tanker on April 20.
Meanwhile, 100,000 metric tons of crude oil on the ship named MT Nordic Paluks are currently stranded in the Strait of Hormuz, which is currently in the Ras Tanura port of Saudi Arabia but is unable to come to Bangladesh due to lack of a special clearance from Iran, although Iran has recently allowed six ships of Bangladesh to move, but the oil ship is not included in the list.
According to the information of Bangladesh Shipping Corporation (BSC), 1 lakh tons of oil will be loaded on the ship from Yanbu Commercial Port in Saudi Arabia on April 20. Another 1 lakh tons of oil is stuck in the Hormuz Strait, the ship named ‘MT Nordic Paluks’ is stuck in the Strait of Hormuz. In the first week of May, two ships are likely to reach the port of 2 lakh tons of crude oil in Chittagong port. Later, these oils will be sold in the state-owned Eastern Refinery and will be marketed in the ongoing crisis.
According to Eastern Refinery sources, after refining, a significant amount of fuel will be produced from this 2 lakh tonnes of crude oil, which includes 52 thousand tons of diesel, 32 thousand tons of petrol, 16 thousand tons of octane, 48 thousand tons of furnace oil and 42 thousand tons of kerosene.
Commodore Mahmudul Malek, Managing Director of Bangladesh Shipping Corporation, said that diplomatic activities have been strengthened to resolve the complications. And efforts are being made to get special permission from Iranian authorities, and the ship ‘MT Nordic Paluks’ will reach Chittagong directly if permission is obtained.
He said Bangladesh has taken a different strategy to avoid this complication of the Hormuz Strait, which is being collected from the Yanbu Commercial Port in Saudi Arabia on the shores of the Red Sea, as it is outside the Strait of Hormuz. There is less risk of military or political barriers in oil transportation.
According to BSC sources, at least 33 ships have arrived at Chittagong port with various fuels including crude oil, LPG, LNG since the first week of March this year.
