October 30, 2017

DHAKA, Oct. 29 (Xinhua) -- The Bangladeshi government signed a framework agreement with China on Sunday for construction of a 220-km pipeline to carry oil from tankers in the Bay of Bengal to storage plants on the mainland.

Bangladesh's Economic Relations Department (ERD) Secretary Kazi Shofiqul Azam and Chinese Ambassador to Bangladesh Ma Mingqiang signed the framework agreement in the capital of Dhaka.

The project is aimed to make a balance between the demand and supply of the country's energy need and ensure energy security of the country, they said, adding it will also reduce the system loss during import of refined and non-refined fuel.

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