Modernisation and Expansion of Eastern Refinery Limited (ERL-2)

planned

The second unit of Eastern Refinery (ERL-2) will be built with the capacity to refine crude oil sourced from the Middle East, Europe, and Africa, reducing dependence on Middle Eastern crude. The project includes facilities to refine various crude types including heavy grades, with a flexible system capable of processing heavy crude from multiple countries. The project cost has been reduced by Tk7,500 crore to Tk35,465.15 crore after removing unnecessary expenses. The government will finance the project after foreign loans were unavailable, increasing the country's refining capacity to 45 lakh tonnes per year.