Govt committed to ensure energy security: Nasrul Hamid

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the government is committed to ensure energy security in the country.

The state minister said this while witnessing a signing ceremony of about $2.1 billion support agreement of Energy Division with International Islamic Trade Finance Corporation (ITFC) at his ministry on Wednesday.

“The overall price of oil and gas has increased in the global context so it is very difficult to maintain energy security”, he said.

The state minister said that efforts are going on to seek cooperation from oil and gas enriches countries along with increasing of domestic natural gas and oil exploration and extraction activities.

Energy and Mineral Resources division secretary Md Nurul Alam and ITFC, Saudi Arabia chief operation officer Nazeem Noordali signed the agreement on behalf of their respective sides.

The heads of the respective division among others were present at the signing ceremony.