Highlights:
- Eastern Refinery PLC halts operations due to crude oil shortage
- Imports stalled amid Iran-Israel-US conflict disrupting global supply routes
- Refinery used unsafe “dead stock” crude to sustain operations
- Output reduced significantly before shutdown as reserves dropped critically
- New shipment expected early May via alternate route bypassing Strait of Hormuz
- Government assures sufficient refined fuel stocks; no immediate shortage expected
Bangladesh’s only state-owned oil refinery, Eastern Refinery PLC (ERL), has been…
