A shipment of over 100,000 tons of crude oil, originating from Saudi Arabia, is en route to Bangladesh and expected to arrive at the Chittagong port on Wednesday, June 17th. The oil is destined for the Eastern Refinery Limited, the country’s sole state-owned oil refining company. The tanker, ‘MT NeneMia’, departed from the Yanbu port in Saudi Arabia on May 30th, navigating around the Strait of Hormuz. This delivery is significant as global energy markets experience volatility and supply chain disruptions. Eastern Refinery Limited confirmed the details of the shipment. The arrival of this crude oil will contribute to Bangladesh’s energy security and support domestic refining capacity. Further details regarding the specifics of the contract and pricing were not immediately available.