EASTERN REFINERY LIMITED

FINANCIAL STATEMENTS (YEAR 2017 AND 2016)

    TAKA IN LAKH
A) NON-CURRENT ASSETS:   June 30, 2017 June 30, 2016
  Prperty, Plant & Equipment (Cost less Accumulated Depreciation)   5,319.19 5,248.65
  Capital Work-in-Progress   2,368.25 2,368.58
  Blocked Assets   20.00 20.00
  TOTAL NON-CURRENT ASSETS   7,707.44 7,636.90
B) CURRENT ASSETS:  
  Stores & spares   6,290.13 6,052.72
  Investment in Fixed Deposit with Bank   8,469.26 8,636.49
  Account Receivable-Others   992.06 862.17
  Account Receivable-BPC   2,846.87 823.74
  Deposits & Pre-Payments   389.08 564.09
  Loans & Advances   3,387.23 2,826.12
  Cash & Bank Balance   921.27 923.15
  TOTAL CURRENT ASSETS   2,27,65.90 20,737.85
  TOTAL ASSETS (A+B)   30,473.34 28,374.75
 
    TAKA IN LAKH
C) SHAREHOLDERS' EQUITY:   June 30, 2017 June 30, 2016
  Paid up Capital   3,300.00 3,300.00
  Capital Reserve   4,721.74 4,599.18
  Revenue Reserve   8,448.92 8,248.92
  Retained Earnings   824.34 353.49
  TOTAL SHAREHOLDERS' EQUITY   17,295.00 16,501.59
D) LONG-TERM LIABILITIES:      
  Long Term Loan   757.77 1,027.15
  Deffered Liabilities      
  Employees' Gratuity    3,898.35 3,048.19
  Deffered Tax Liability   903.57 863.57
  TOTAL LONG-TERM LIABILITIES   5,559.69 4,938.91
 
E) CURRENT LIABILITIES:  
  Accounts Payable   3,899.27 3,380.91
  Provision for Taxation   3,120.00 2,819.10
  ADP Loan   269.38 404.24
  Dividend Payable   330.00 330.00
  TOTAL CURRENT LIABILITIES   7,618.65 6,934.25
 
  TOTAL LIABILITIES & SHAREHOLDERS' EQUITY(C+D+E)   30473.34 28,374.75
Notices

TENDER INVITATION NOTICE: DIFFERENT ROAD CONSTRUCTION /REPAIR OF ERL TANK FARM (RCC WORK 1) ON EXISTING HBB ROAD TO THE SOUTH OF TANK ‘A’-`B’-`C’ AND TO THE EAST OF TANK `C’-`D’ & 2) ON EXISTING SOIL ROAD TO THE SOUTH OF TANK T-44 &T-45). . LAST SELL DATE: 28-05-2019 12:00 BST
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TENDER INVITATION NOTICE: SUPPLY, INSTALLATION AND COMMISSIONING OF INCOMING CIRCUIT BREAKER TYPE MASTER PACT M16N1. LAST SELL DATE: 27-05-2019 00:00 BST
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TENDER INVITATION NOTICE: SUPPLY OF NEW MCC PANEL INCLUDING ALL EQUIPMENT FOR ABP UNIT AT ERL. LAST SELL DATE: 29-05-2019 12:00 BST
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In regard to ERL purchase activities in e-tendering Please click here.

Laboratory Test Prices are updated
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News & Events
1968-2018, 50 years ceremony of Eastern Refinery Limited has been celebrated on 07thMay, 2018 at International Convention Center.

42th Annual General Meeting will held up on 05thApril, 2019

Contract Agreement signed between Bangladesh Petroleum Corporation (BPC) and Technip for the installation of ERL unit-2 on 18thJanuary, 2017
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Contract Agreement signed between Bangladesh Petroleum Corporation and China Petroleum Pipeline Bureau for the installation of Single Point Mooring with Double Pipeline on 08thDecember, 2016
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MOI signed between BPC and EIL for Project Management Consultancy for ERL Unit 2 on 19th April, 2016
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Finished Products

Finished Products

ERL produces 16 petroleum products including a few non-fuel products, namely, SBP, JBO, MTT, BITUMEN. Some of these products are produced only on demand.

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production

Physical Facilities

Refinery went on-stream with three Processing Units namely:
  Crude Distillation Unit,
  Catalytic Reforming Unit
  Hydrodesulphurization Unit

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development

Development

procurement

Tender Information

    Local Tender:
  •  Goods: 00
  •  Works: 02
  • Foreign Tender:
  •  Goods: 00
  •  Works: 00
  • EOI:
  •  Consultancy Service: 00

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Image 05

Lab Testing

ERL has an well Equipped Quality Control Lab for ensuring best quality products. It also provides outsider the facilities for the following test:

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