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Bangladesh wants to buy LNG from Algeria

Friday, 25 August 2023


Algeria has underlined the need to engage in more efforts to scale up bilateral collaboration with Bangladesh, reports UNB.
Bangladesh stressed the need for expanding cooperation in new and emerging areas through a time-bound and target-oriented roadmap and expediting pending agreements, MoUs, and new areas of collaboration.
Algeria agreed to conclude those agreements as soon as possible, said the Ministry of Foreign Affairs on Thursday.
Minister of Finance and Head of Algerian delegation to BRICS Outreach Forum, Laaziz Faid, had a courtesy meeting with Foreign Minister Dr AK Abdul Momen in Johannesburg, South Africa on Wednesday.
While reflecting on the current energy crisis, given the growing demand in Bangladesh due to the expansion of the economy, the Foreign Minister stated that Bangladesh needs support from Algeria to meet its energy needs.
He expressed Bangladesh's keen interest in buying LNG from Algeria.
The Foreign Minister and the Algerian Finance Minister exchanged views on various bilateral issues of mutual interests.
The Foreign Minister informed the long historical relations between both countries, which was pioneered by Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
He expressed satisfaction at the state of excellent bilateral relations between Bangladesh and Algeria, which is growing in various fields including political, economic, business, trade, and investment.
Momen informed him about Bangladesh's earnest interest in joining BRICS.
The Algerian Finance Minister referred to the NAM Summit of 1973 and defined BRICS as a fruit of NAM.
Both parties agreed that despite excellent relations there are still huge untapped prospects between the countries.