Dhaka, Oct. 21 -- Country's liquefied natural gas (LNG) import financing is set to get an impetus from next month (November) with the availability of fiscal support from World Bank (WB).
The WB's US$350-million support under its Energy Sector Security Enhancement Project (ESSEP), aimed at improving Bangladesh's gas supply security facilitating affordable financing for LNG imports, is expected to get rolling from next month, Petrobangla's director for finance AKM Mizanur Rahman told The Financial Express Monday.
"We are now carrying out paper works with the selected banks to facilitate LNG imports, secured by a repayment guarantee from the WB," said the senior official of state-run Petrobangla.
The step aims to safeguard Bangladesh's fu...
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