US seeks deeper energy ties with Bangladesh in LNG, LPG
The two sides discussed greater US investment, an MoU and stronger government-to-government cooperation during talks in Dhaka.
The United States has expressed interest in expanding cooperation in Bangladesh's liquefied natural gas (LNG) and liquefied petroleum gas (LPG) sectors as the two countries discussed greater US investment in the energy sector.
The issue came up during a meeting between Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood and Eric Geelan, political and economic counsellor at the US Embassy, at the ministry today (4 August), according to a press release.
Senior officials from the Ministry of Power, Energy and Mineral Resources and Joseph Boski, an economic officer at the US Embassy, also attended the meeting.
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The two sides discussed expanding cooperation in the LNG and LPG sectors, increasing the participation of US companies in Bangladesh's energy market, signing a MoU, and strengthening government-to-government collaboration.
They also discussed identifying priority areas for the proposed MoU and exchanged views on challenges to bilateral energy cooperation, along with possible measures and a roadmap to address them while strengthening Bangladesh's energy security.
The discussions also focused on encouraging greater participation of US companies in Bangladesh's energy sector and strengthening G2G cooperation, particularly in the context of the prime minister's upcoming visit to the United States.
During the meeting, the minister requested that discussions with relevant stakeholders be arranged as soon as possible to move the cooperation process forward.
He also reaffirmed Bangladesh's commitment to deepening energy ties with the United States.
Geelan thanked the minister for the meeting and reiterated the US Embassy's interest in supporting the development of Bangladesh's energy sector.
