Super Petrochemical seeks to import crude oil for unauthorised refinery
Daily Sun Report, Dhaka
Published: 05 Nov 2026, 11:48 PM
In a letter dated 27 October to BPC Chairman Dr Rafiqul
Islam, Super Petrochemical PLC Managing Director Mohammad Mostafa Haider sought
approval to import four lakh tonnes of light crude and eight lakh tonnes of
heavy crude for the 2027 calendar year.
A review of documents and correspondence obtained by Jago
News through an investigation suggests that the application used “shrewd and
deceptive explanations” to secure permission for crude oil imports. The letter
referred to an official demand letter issued by BPC on 10 August, outlining a
plan to supply 2.56 lakh tonnes of octane, 1.19 lakh tonnes of petrol, 4.66
lakh tonnes of diesel and 3.61 lakh tonnes of high-sulphur furnace oil (HFO) in
2027. Citing this stated fuel requirement, the company applied to import light
and heavy crude as raw materials.
Earlier, in another letter dated 14 July addressed to the
Minister for Power, Energy and Mineral Resources, Super Petrochemical PLC had
expressed interest in refining Saudi Arabian Light crude or the UAE's Murban
crude at its under-construction plant, which has an annual capacity of 17.5 lakh
metric tonnes (35,000 barrels per day). However, that letter also completely
avoided mentioning that the plant had not received government approval.
Further investigation reveals that in its 27 October letter,
the company presented “condensate” and “light crude” as if they were the same.
However, experts and former senior officials of Eastern Refinery, the country’s
only crude refinery and a government entity, say that condensate and light
crude have entirely different origins and characteristics. Condensate is
primarily a by-product of natural gas fields, whereas light crude is a
petroleum product extracted directly from oil fields. BPC has never treated
condensate as light crude.
Experts have expressed concern over the continued
construction of infrastructure for an unapproved private refinery and its
application to import raw materials, particularly at a time when the government
is pursuing various initiatives to implement the expansion project of state-run
Eastern Refinery.
Dr M Shamsul Alam, energy adviser to the Consumers
Association of Bangladesh (CAB), said:
"Energy is currently an extremely sensitive sector
worldwide. If a private refinery is built in the country without government
approval, it will pose a serious threat to overall energy security. Establishing
a refinery without government permission is a clear violation of existing laws,
and those involved should be brought under strict legal punishment."
Regarding the private company's letter seeking permission to
import crude oil, BPC Chairman Dr Rafiqul Islam said that the corporation had
received the letter and its review team was examining the application. However,
he avoided giving a specific answer to the question of how the refinery plant
was continuing its operations without government approval.
Currently, some refined petroleum products are supplied to
BPC from Super Petrochemical's fractionation plant. In the July 2024-Jun 2025
fiscal year, the still-unapproved private refinery supplied different petroleum
products and by-products amounting to 2.56 lakh metric tonnes to BPC. These
products were refined from naphtha, local condensate and imported condensate, but
never included crude oil of any type.