Australian energy firm struck gas reserve in Bangladesh offshore

An Australian energy corporation has struck huge gas reserves in off shore Bay of Bengal, which is commercially viable. The president of Santos Bangladesh John Chambers briefed journos on Wednesday that they are confident to start supplying gas from the reserve from the first week of April. John Chambers, said that the Aussie company will [...]

Despite protests, Bangladesh inks pacts with U.S. energy giant for offshore hydrocarbon exploration

The government of Bangladesh, an energy starved country, inked a contract on Thursday with a U.S. energy giant for offshore oil and gas exploration. Ignoring protests, state-owned PetroBangla signed a production-sharing contract (PSC) with Conoco Phillips, an U.S. corporation for exploration of oil and gas in two deep-sea gas blocks. Blog this! Bookmark on Delicious [...]

Bangladesh police block energy activists demo against U.S firm

Riot police armed with shot guns, tear gas shells and wearing flak jackets foiled a protest march organized by energy activists on Tuesday against government’s plan to sign offshore contracts with an U.S. energy giant. At least 20 activists of the Committee to Protect Oil-Gas and Mineral Resources were injured when riot police clubbed protesters [...]

Bangladesh let international company to sell natural gas to private sector

Bangladesh for the first time allowed an Australian energy company to sell gas to the private entrepreneurs within the country, amidst widespread criticism by social justice activists. The state-owned energy exploration company Petrobangla, after protracted delays signed on Monday a gas purchase and sales agreement (GPSA) with international oil company Santos Limited. Blog this! Bookmark [...]

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