All terms

BPC

Bangladesh Petroleum Corporation — sole authorised crude importer in Bangladesh.

BPC (Bangladesh Petroleum Corporation) is the Bangladeshi state-owned petroleum company and the sole authorised crude importer. Private parties cannot import crude into Bangladesh under any circumstances. Refined products and LPG are open to private importers holding an IRC (Import Registration Certificate).

See Bangladesh regulatory rules.

Related: OGRA.

What does BPC mean in oil and commodity trading?
Bangladesh Petroleum Corporation — sole authorised crude importer in Bangladesh.
How do I check a counterparty that uses BPC in a deal?
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These terms show up in real deal pitches — some legitimate, some not. OilFlow screens the counterparty behind the pitch against 8 sanctions lists + PEP and a first-party-investigated fraud-cluster corpus, with a clearance verdict in under 30 seconds.