Bangladesh is actively stepping up diplomatic initiatives to diversify its fuel supply and reinforce reserves, State Minister for Foreign Affairs Shama Obaed Islam said on Tuesday, dismissing claims of a domestic energy shortage.
Speaking to reporters at the Ministry of Foreign Affairs, Shama Obaed emphasised that the country currently has adequate fuel reserves.
“There is no fuel crisis at this time. Our stockpiles are sufficient, and we are taking steps to further bolster them,” she said.
The state minister highlighted ongoing engagements with multiple countries to ensure uninterrupted fuel imports, particularly as supplies from some sources have been affected by the global situation.
“We are exploring alternative channels, including Saudi Arabia, India, Malaysia, Indonesia, the United States and Russia, to maintain stable supply,” she explained.
Shama Obaed noted that several consignments are expected to arrive in April under existing agreements and memorandums of understanding, which are facilitating smoother imports.
She also pointed out that reports of shortages have been exaggerated due to hoarding by a small group of unscrupulous actors, creating artificial pressure on the market.
“Some individuals are deliberately stockpiling fuel to manufacture a crisis, which must be addressed strictly,” she said.
Regarding Russian fuel imports, the state minister explained that procedural issues related to sanctions require careful coordination, including consultations with the United States. Ministries are working together to resolve these challenges.
Looking ahead, she said the government is committed to long-term energy diversification under the leadership of the Prime Minister to avoid future economic vulnerabilities.
On other international matters, Shama Obaed reported progress on visa facilitation with India.
“The Indian government has assured us that visa processes will return to normal for trade, business, medical treatment, and people-to-people connections,” she said.
She also addressed the issue of migration via Libya, stressing the importance of legal channels while cracking down on traffickers exploiting vulnerable migrants.
“People can travel abroad legally, but human traffickers endanger lives for profit. Stronger international coordination is essential to combat this crime,” she added.
