Bangladesh needs to transition from conventional energy sources to ensure its energy security and long-term sustainability in the near future. Given the supply chain disruption followed by the Ukraine crisis, energy security has become a major concern for developing and least-developed countries. As the sources are becoming scarce and prices are becoming volatile, these countries are finding it difficult to navigate without cooperation. In this context, cross-border energy cooperation and revitalizing the idea of the power corridor can help Bangladesh to mitigate energy shortage.
KATHMANDU, June 3: As tensions between the US and Iran further complicate the already difficult relations among Gulf nations, with Saudi Arabia and its allies enforcing an embargo on Qatar, there are concerns that this could leave adverse impacts on countries like Nepal as well.