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Bangladesh wants to pay oil price late, Saudi will consider

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Bangladesh wants to pay oil price late, Saudi will consider

Bangladesh wants to pay the price of fuel oil imported from Saudi Arabia one year late. The Minister of State for Energy has assured to consider this proposal.

Prime Minister’s Private Industry and Investment Adviser Salman F. Rahman gave this information at a press conference organized on the Saudi visit at the investment building on Tuesday afternoon. At this time, he said, a written proposal will be given in this regard soon.

He said that the country has agreed in principle to build a urea fertilizer factory with joint investment in Saudi Arabia.

The adviser said that Saudi Arabia wants to build not only a refinery, but also a petrochemical factory in Bangladesh. Saudi policymakers have shown interest in investing in the country’s agricultural sector to produce safe food.

Besides, Salman F. Rahman said that proposals have been made to Saudi ministers for investment in Payra port and economic zone.



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