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India proposes petrochemical product export

India has expressed its willingness to export petrochemical products to Bangladesh.

A proposal in this connection was floated at the second energy dialogue between the two countries held in Dhaka Saturday, said a press release.

Secretary of the Energy and Mineral Resources Division (EMRD) Nazim Uddin Chowdhury led the Bangladesh side while, India`s Secretary of the Ministry of Petroleum and Natural Gas K D Tripathi led the neighbouring country`s delegation during the meeting.

Indian delegation, however, did not provide details on the quantity of petrochemical products that the country intends to export.

They also discussed other issues of mutual cooperation, which include oil and gas exploration activities of Indian ONGC Videsh Ltd in the Bay of Bengal, proposals of Petronet and Indian Oil Corporation Ltd (IOCL) on construction of separate liquefied natural gas (LNG) terminals, natural gas import from Turkmenistan and Iran through India.

The two delegations also discussed on joint initiatives from India and Bangladesh to import natural gas from Myanmar, Bangladesh`s import of diesel from Numaligarh refinery of Assam, construction of a LPG (liquefied petroleum gas) bottling plant and terminal and blue economy.

Saturday`s dialogue was the second of its kind.

The first such dialogue took place in June 2016 in New Delhi and the third one is scheduled to be held in March 2018.

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