ERL meaning in General ?

General Miscellaneous in General . 1 month ago

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What is Eastern Refinery Limited mean?

Eastern Refinery Limited or ERL is the sole country-owned oil refinery in Bangladesh. 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.

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Posted on 18 Nov 2024, this text provides information on General related to Miscellaneous in General. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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