Dhaka inks energy MoU with US
Bangladesh and the United States have signed a memorandum of understanding (MoU) to enhance strategic cooperation in the energy sector, aimed at securing Bangladesh’s long-term energy needs.
The agreement was signed on Thursday at the US Department of Energy in Washington, DC, by Bangladesh’s Foreign Minister Khalilur Rahman and US Energy Secretary Chris Wright, according to a statement issued by the Bangladesh Embassy in Washington.
“This MoU will support Bangladesh’s efforts to strengthen its long-term energy security by diversifying energy sources in a cost-effective and sustainable manner.
It will also create new opportunities for broader energy collaboration between Bangladesh and the United States,” the statement said.
Under the terms of the agreement, the two countries will work together on capacity building, knowledge sharing, and research in areas including oil, gas, geothermal energy, and bioenergy.
The MoU will also facilitate Bangladesh’s import of US liquefied natural gas (LNG), liquefied petroleum gas (LPG) and other energy products at competitive prices.
Speaking at the ceremony, Foreign Minister Khalilur described the MoU as a landmark step in the deepening relationship between Bangladesh and the United States.
He also expressed his gratitude to Prime Minister Tarique Rahman and US President Donald Trump for their support in bringing the initiative to fruition.
US Energy Secretary Chris Wright described the agreement as a historic development in bilateral relations, highlighting its potential to expand cooperation in the energy sector.
The MoU comes at a time when many countries, including Bangladesh, are facing significant energy security challenges amid ongoing conflicts in the Middle East.
Senior officials from both the Bangladesh Embassy and the US Department of Energy were present at the signing ceremony.
