India can become a transit country
According to the Economic Times report, Turkey has proposed to Bangladesh to become a transit country, that is, Turkey will help in transporting Russian oil and gas to Bangladesh. Looking at the idea of helping Bangladesh by becoming a transit country given its strong political ties with Bangladesh. Turkish Ambassador to Bangladesh Mustafa Osman Turan said in Dhaka on Wednesday that Turkey would be “more than happy” to help Bangladesh by becoming a transit country for Russian energy supplies, according to reports.
Bangladesh also buys Russian oil
Let us tell you that Bangladesh had also made efforts to buy Russian oil in the month of September and according to Bangladeshi media reports, Bangladesh is trying to buy cheaper oil from Russia to reduce its crude oil bill and possibly India. Routing shipments through. According to sources, “Bangladesh Petroleum Corporation is in talks with Rosneft to import crude oil at a concessional rate of $59 per barrel, while the global market price is inching towards $100. currently, Bangladesh has a long-term contract with India for the import of refined crude oil from the Numaligarh refinery in Assam. has given green signal to Indian Oil Corporation Limited for export of refined petroleum products.
India is helping for fuel
Apart from this, the construction of 131.57 km long Maitri oil pipeline is also going on between India and Bangladesh, which is expected to be ready in the next one to two months, after which India can supply oil to Bangladesh in an uninterrupted manner. About 125 km pipeline has been laid. It will connect Siliguri, West Bengal and Parbatipur, Dinajpur. The cost of the pipeline is around Rs 500 crore, of which Rs 300 crore has been contributed by India. Out of the total length of the pipeline, 126.50 km is inside Bangladesh. “This pipeline will ensure uninterrupted fuel supply to 16 districts of Rangpur and Rajshahi in Bangladesh and once the pipeline is built, the price of oil in Bangladesh will come down as the cost of transportation will come down significantly,” sources said. Also to enhance their energy security, Bangladesh, India and Russia signed a trilateral nuclear agreement four years ago to build the N-Power Plant in Rooppur, Bangladesh. The sources said, “Russia is building the N-Power plant and Indian companies are involved in manufacturing, installation and supply of non-critical equipment.”