Bangladesh has entered into a significant long-term liquefied natural gas (LNG) agreement with Oman, solidifying bilateral ties and securing a stable energy supply for the country. Under the agreement, Bangladesh will import LNG from Oman for a duration of 10 years, ensuring a consistent and reliable supply of natural gas. The deal comes at a critical time when Bangladesh is striving to enhance its energy security and reduce its dependence on traditional fossil fuels. Firstly, it ensures a stable energy supply, enabling the country to meet the demands of its industries and support economic growth. Secondly, it promotes diversification in the energy sector, reducing the reliance on domestic resources and opening avenues for cleaner and more sustainable energy alternatives.

Source: bd News24 June 20, 2023 11:37 UTC