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Eastern Refinery
Eastern Refinery is the largest oil refinery in Bangladesh. Eastern Refinery Limited (locally known as ERL), a subsidiary of Bangladesh Petroleum Corporation, plays a vital role in supplying around 40% of country’s current petroleum products demand and thus maintains stability in Petroleum, Oil and Lubricants (POL) Products market of the country. ERL sometimes becomes the only fall back system available, to avoid products crisis in the face of disruption of products’ import.
ERL as a profitable company in the Public Sector contributes substantially to the national exchequer in the form of dividend, taxes, VAT etc.
== History ==
Eastern Refinery was incorporated under Companies’ Act 1913(amended in 1994) as a Public Limited Company in 1963 with 35% EPIDC’s( East Pakistan Industrial Development Corporation) shares, 30% shares held by Burmah Oil Company (BOC) and the rest 35% by private entrepreneurs. From November, 1985, Bangladesh Petroleum Corporation (BPC) became the 100% share holder of the company.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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