UAE keen to invest in Bangladesh’s energy sector: Nasrul

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Business Desk :
The United Arab Emirates (UAE) Ambassador to Bangladesh Dr Saeed Bin Hajar Alshehi on Wednesday said his country is keen to further enhance trade relations with Bangladesh.
“Bangladesh and the UAE are two brotherly countries and the UAE is interested to increase its trade relations with Bangladesh,” he said this, while paying a call-on State Minister for Power, Energy and Mineral Resources Nasrul Hamid at his ministry office.
Chief Executive Officer of Emirate National Oil Company (ENOC) Saif Al Falasi, who accompanied the UAE ambassador, said the ENOC is interested to invest in the energy sector of Bangladesh besides supplying LNG and jet fuel.
He said ENOC’s experiences could be better utilized in constructing refinery, Floating Storage Re-gasification Unit (FSRU) and land-based terminal for Liquefied Natural Gas (LNG) in Bangladesh.
Reciprocating to the state-run Emirate National Oil Company’s investment interest, the state minister said Bangladesh would require foreign investment in its power and energy sectors to help implement its vision and master plan undertaken by the government.
During the call on, the state minister and the ambassador discussed various issues of mutual interests.
Managing Director of ENOC Tayyeb all Molla was also present.
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