The $US132 million pipeline, to be installed by late 2012, will connect an offshore mooring point with BPC’s depot near the country’s Chittagong port, according to local media.
“It will help reduce unloading time for a tanker to only two days, while it now takes some 11 days,” said BPC General Manager Rezaul Karim.
BPC, the sole importer of crude and petroleum products in Bangladesh, currently uses smaller vessels to unload the cargo from oil tankers.