Single point mooring project
Govt appoints Indonesian firm to operate BPC’s Tk 8,298cr SPM after 2yrs
The government will pay nearly Tk 1,950 crore to the Indonesian company for the job
2 HOUR(s)
Bangladesh is paying for oil pipeline it can’t use
The single point mooring (SPM) system, a giant pipeline built to unload oil from big ships in the Bay of Bengal and pipe it to onshore storage facilities, has been sitting idle for more than two years because no operator has been appointed.
22 September 2026
Tk 1,200cr lost in missed savings as pipeline sits idle
Government has yet to find operator over a year and half after completion of Single Point Mooring project in Cox’s Bazar
18 October 2025
Single point mooring transports 60,000 tonnes diesel in 35 hours
Earlier, it would take 10 days
9 December 2023