Bangladesh, India Sign 130KM Oil Pipeline Deal

Bangladesh and India signed an agreement here on Monday on the proposed 130km oil pipeline aimed at pumping Indian oil to Bangladesh with a capacity of 1 million tonnes per annum.

The deal was part of the six memorandums of understandings (MoUs) which Dhaka and New Delhi signed during a meeting between their foreign secretaries in Dhaka.

Indian foreign secretary Vijay Keshav Gokhale arrived Dhaka to hold talks with senior Bangladeshi officials on a host of bilateral and regional issues.

“Today, we add another six documents to our large and growing list of meaningful agreements signed during the recent visits of Prime Minister Narendra Modi to Bangladesh and Prime Minister Sheikh Hasina to India,” Gokhale said.

The documents included the implementation MoU on the friendship pipeline between Numaligarh in Assam and Parbatipur in Bangladesh, an MoU on cooperation between Prasar Bharati and Bangladesh Betar, an MoU for setting up an ICCR Urdu Chair in Dhaka University and an Addendum to the GCNEP-BAEC Interagency Agreement, bdnews24.com reported.

Both sides signed two more MoUs to set up language labs in 500 schools in Bangladesh and upgrade roads in Rangpur city. “This is part of our endeavour to undertake projects in Bangladesh in various socio-economic sectors including education, culture, health, community welfare, road infrastructure for which we are providing Tk 1,600 crore,” he said.