[3] The 2017 Economic Survey found Bangladesh Petroleum Corporation to be the most profitable state-owned enterprises.
[5] Bangladesh is setting sail on a transformative path to directly offload imported petroleum oil from deep-sea vessels.
The objective of this ambitious undertaking is to elevate the country's energy management system, fostering economic efficiency, sustainability, and environmental consciousness.
As a crucial part of this initiative, an impressive 120-kilometer pipeline has been established, linking the SPM (Single Point Mooring) project to the Eastern Refinery Limited (EFL), ensuring the efficient treatment of crude oil.
[7][8] In 2020, the Government of Bangladesh changed the law to require state owned enterprises to deposit surplus or idle funds to the national treasury.