The Dhaka-Chittagong oil pipeline project has hit speed bump for slow work, thus failing to meet the deadline for umpteenth times.
The Bangladesh Petroleum Corporation (BPC) has undertaken the Tk 28 billion project to reduce oil transportation cost and avoid system loss.
The pipeline was supposed to be completed in 2019, but only 12 per cent of the project work has been finished so far, an official of the state-run Bangladesh Petroleum Corporation said.
The progress, in terms of spending project fund, is 6.0 per cent, said the official preferring anonymity.
In July 2016, state minister for energy, power and mineral resources Nasrul Hamid Bipu told the Jatiya Sangsad that the pipeline stretching 250 kilometers will conclude within three years.
His statement followed the remarks from the then energy secretary, who in 2015 said the project would be completed by 2017.
Then in July 2017, the corporation's high ups announced that the land acquisition for the project would be completed by one month.
But the land acquisition has yet to be completed, though two years elapsed.
