Energy Bangla

Energy electricity and environment news portal

Dhaka Monday,  Dec 11, 2017

Petrobangla To Buy Gas Fields Of Chevron

EB Report

The government is likely to buy the assets of 3 Chevron operated gas fields. Energy Secretary Nazimuddin Chowdhury has informed about the information on Wednesday in a seminar held in the wake of the National Energy Security Day-2017.

The seminar was organized at the at the Habibur Rahman Auditorium of Petrobangla office and Dr. Tawfiq-e-Elahi Chowdhury, BB, the advisor to the Prime Minister of Bangladesh on Energy, Power and Mineral Resources presided over the seminar.

Energy Secretary said that, Bangabandhu Sheikh Mujibur Rahman realized the necessity of the country’s energy security which led him to buy and nationalize 5 of the gas fields from the then British Oil company ‘Shell Oil’ with a nominal price on this day in 1975. Sheikh Hasina is now also willing to buy three of the major gas fields like Bangabandhu.

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