Bangladesh and Algeria have signed a hydrocarbon cooperation MoU, opening avenues for LNG, LPG and petroleum imports, refinery development and energy-sector training.
DHAKA, October 22, 2026: Bangladesh and Algeria have agreed to explore opportunities for importing liquefied natural gas (LNG), liquefied petroleum gas (LPG) and other petroleum products under a government-to-government (G2G) arrangement following the signing of a memorandum of understanding (MoU) on hydrocarbon cooperation.
The agreement also opens avenues for joint initiatives in refinery development, LNG infrastructure and exploration of coal and gas fields in Bangladesh, according to a press release issued by the Ministry of Foreign Affairs on Thursday.
The developments were discussed at a bilateral meeting between State Minister for Foreign Affairs Humayun Kobir and Algerian Foreign Minister Ahmed Attaf in Algiers on Thursday.
The two ministers discussed bilateral, regional and multilateral issues, with particular emphasis on energy, fertilisers, agriculture, textiles, trade, commerce, education and people-to-people contacts.
Humayun Kobir expressed satisfaction over the signing of the hydrocarbon cooperation MoU, describing it as an important step towards expanding energy cooperation between the two countries.
According to the Foreign Ministry, the Algerian president issued immediate directives to expedite the signing of the MoU in response to Bangladesh's energy needs.
The agreement could provide Bangladesh with additional options for sourcing energy products and developing technical capacity in the sector. However, the specific volumes, prices, delivery schedules and commercial terms for any future imports have not yet been disclosed.
The Algerian Petroleum Institute has expressed interest in providing training and knowledge-sharing programmes for Bangladeshi engineers and technicians.
The initiative aims to strengthen local technical expertise and help Bangladesh develop greater self-reliance in energy-related skills.
The two sides also discussed expanding cooperation in energy infrastructure and exploring opportunities to work together on refinery development and the exploration of domestic coal and gas resources.
Fertiliser imports and agricultural cooperation also featured prominently in the discussions.
Humayun Kobir highlighted Bangladesh's need to import fertilisers to support its agricultural sector, while Ahmed Attaf expressed Algeria's willingness to collaborate in the field.
The Algerian foreign minister also sought Bangladesh's experience in reviving Algeria's textile industry.
Both sides expressed interest in expanding cooperation in pharmaceuticals, leather and textiles, potentially opening new avenues for trade, investment and industrial collaboration.
The two ministers underscored the importance of holding regular Foreign Office Consultations to maintain momentum in bilateral relations. The next round of consultations is expected to take place in Dhaka soon.
They also stressed the need for exchanges of high-level visits to further strengthen ties between the two countries.
The meeting was held in a cordial and friendly atmosphere, according to the Foreign Ministry.
The latest engagement signals an effort by Dhaka and Algiers to broaden their relationship beyond traditional diplomatic exchanges, with energy cooperation emerging as a key area of potential partnership.
