Prime Minister Sheikh Hasina said on Saturday that her country's first cross-border oil pipeline with India will play a vital role in ensuring fuel security in Bangladesh at a time when the world was facing a serious energy crisis due to the Ukraine war. "When many countries across the world are on the verge of a fuel crisis due to the Russia-Ukraine war at that time this pipeline will play a vital role in ensuring the fuel security of our people," Hasina said. "The friendship pipeline is a milestone achievement in cooperation for the development between the two friendly countries," she said.Apart from ensuring fuel security, the pipeline will increase the economic growth," she said.Hasina said the time and expenditure for importing diesel from India will be reduced significantly by this pipeline. "We have settled all our bilateral problems one by one... We are getting cooperation for our development from India," she was quoted as saying by the state-run United News of Bangladesh. "We're importing 1160MW of power from India.

Source: bd News24 March 18, 2023 20:15 UTC