State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said Bangladesh wants to import petroleum from Saudi Arabia at a relatively lower price.
He conveyed Dhaka's interest when Saudi Arabian Ambassador to Bangladesh Issa Bin Youssef Al-Dahilan met him at his office in the ministry on Thursday.
“We are also interested in purchasing the fuel on deferred payment,” he told the Saudi envoy.
They also discussed various issues related to mutual interest.
Welcoming the Saudi ambassador, Nasrul said Bangladesh wants to strengthen trade relations with the brotherly nation.
The Saudi ambassador said the interest of Saudi companies in investing in the power and energy sector in Bangladesh is growing.
ACWA Power Company of Saudi Arabia is moving ahead with a plan to invest $1.5 billion in Bangladesh, he mentioned.
