Saudi Arabia’s state-owned oil giant, Aramco, has expressed interest in setting up an oil refinery in Bangladesh, which could significantly impact the Bay of Bengal region, Saudi Ambassador Essa Youssef Essa Al Duhailan said recently.
“We are talking about Aramco, the biggest oil company in the world. They are willing to come to Bangladesh to build a refinery here,” he said.
The envoy made the remark while speaking at launching of a report titled “Enhancing Saudi-Bangladesh Economic Engagement: Trends, Key Challenges & Long-Term Growth Prospects” at the foreign ministry here.
The proposed refinery is expected to meet Bangladesh’s growing demand for petroleum products and serve the broader regional market, bringing transformative changes to the energy landscape, the ambassador noted.
