Bangladesh and Sri Lanka Seek US Waiver for Russian Fuel Imports Amid Energy Crisis
Bangladesh, Sri Lanka seek US waiver to import Russian fuel
The Economic Times
Image: The Economic Times
Bangladesh and Sri Lanka are requesting a waiver from the United States to import Russian fuel, following India's example. The move is aimed at mitigating supply disruptions caused by the ongoing Iran war, which has significantly impacted global energy markets, particularly affecting smaller developing nations.
- 01Bangladesh plans to import up to 600,000 tonnes of Russian diesel.
- 02The waiver request is inspired by a similar exemption granted to India.
- 03Bangladesh's energy minister discussed bilateral energy cooperation with the Russian ambassador.
- 04Sri Lanka is also seeking energy sourcing from Russia, having approached them in March.
- 05Russia's deputy energy minister visited Sri Lanka to discuss cooperation in the fuel sector.
Advertisement
In-Article Ad
In light of the ongoing Iran war disrupting global energy markets, Bangladesh and Sri Lanka are seeking waivers from the United States to import Russian fuel. Bangladesh aims to import up to 600,000 tonnes of Russian diesel, following a precedent set by India, which received a similar waiver from the Trump administration. The Russian ambassador to Bangladesh, Alexander Khozin, recently met with Iqbal Hassan Mahmood Tuku, the country's power, energy, and mineral resources minister, to discuss potential collaboration in the gas and nuclear energy sectors, as well as fuel supply. Meanwhile, Sri Lanka has approached Russia for energy sourcing, with discussions facilitated by Russia's deputy energy minister, Roman Marshavin, who met with Sri Lankan President Anura Kumara Dissanayake to explore bilateral cooperation in the fuel sector.
Advertisement
In-Article Ad
If granted, the waiver would help Bangladesh and Sri Lanka stabilize their fuel supplies, which are critical for their economies and energy security.
Advertisement
In-Article Ad
More about Russian government
Read the original article
Visit the source for the complete story.