Eastern Refinery Limited (ERL), Bangladesh’s sole state-run facility for processing crude oil into various petroleum products, set a record by surpassing its installed production capacity in fiscal year 2024-25.
Bangladesh’s energy sector may come under significant threat if the Iran-Israel war escalates and Iran follows through on its threat to block the Strait of Hormuz, a vital maritime trade route through which one-fifth of the world’s oil supply is shipped every day.
Bangladesh may face disruptions to its fuel imports if the conflict between Iran and Israel escalates further, according to industry experts and officials.
Iran may shut down the route through which Bangladesh’s fuel supplying nations move ships
Although the National Board of Revenue (NBR) resumed regular operations yesterday after nearly two weeks of protests and work abstentions, ship and container congestion has once again gripped the Chattogram Port, triggering concern among businesses over potential delays in cargo handling and increased logistics costs.
At least 52 garment factories, both small and large, have closed in the past six months in Chattogram thanks to a 25 percent drop in work orders amid political instability, according to Industrial Police sources.
For the past two weeks, residents of Chattogram have been grappling with an acute crisis of drinkable water as rising salinity levels in the supply have made it virtually undrinkable.
Eastern Refinery Limited (ERL), Bangladesh’s sole state-run facility for processing crude oil into various petroleum products, set a record by surpassing its installed production capacity in fiscal year 2024-25.
Bangladesh’s energy sector may come under significant threat if the Iran-Israel war escalates and Iran follows through on its threat to block the Strait of Hormuz, a vital maritime trade route through which one-fifth of the world’s oil supply is shipped every day.
Bangladesh may face disruptions to its fuel imports if the conflict between Iran and Israel escalates further, according to industry experts and officials.
Iran may shut down the route through which Bangladesh’s fuel supplying nations move ships
Although the National Board of Revenue (NBR) resumed regular operations yesterday after nearly two weeks of protests and work abstentions, ship and container congestion has once again gripped the Chattogram Port, triggering concern among businesses over potential delays in cargo handling and increased logistics costs.
Men, women, children… even infants.
At least 52 garment factories, both small and large, have closed in the past six months in Chattogram thanks to a 25 percent drop in work orders amid political instability, according to Industrial Police sources.
For the past two weeks, residents of Chattogram have been grappling with an acute crisis of drinkable water as rising salinity levels in the supply have made it virtually undrinkable.
The popularity of watermelon cultivation has been steadily on the rise in the Chattogram region.
The Karnaphuli Gas Distribution Company Limited (KGDCL) has announced plans to disconnect gas connections of consumers who have not yet installed prepaid meters despite applying for those.
