Bangladesh's first sea-land integrated oil storage and transportation system has been put into commercial operation.

The project started in 2019 and was completed in November 2023, with preferential loans provided by the Chinese government, financed by the Export-Import Bank of China and undertaken by China Petroleum Pipeline Engineering Co., Ltd.

The project will shorten oil unloading and transportation time for 100,000-ton oil tankers from 11 days to about 48 hours, saving the country 128 million U.S. dollars in crude oil transportation every year.