Posco Daewoo assigned for deep sea gas exploration in Bay of Bengal

State-owned Petrobangla on Tuesday entered into the final deal with Posco Daewoo International Corporation to award it the deep sea (DS) gas block -12 in the Bay of Bengal for hydrocarbon exploration. Under the deal, the South Korean oil major will invest between $60-120 million in the next five years for conducting 2D and 3D […]

Bangladesh: Strategy for energy swap with Myanmar under study

The government is set to sort out a strategy for the upcoming bilateral talks to quicken the implementation of the planned energy swap by importing natural gas from Myanmar for electricity generation. A senior official concerned said the Energy and Mineral Resources Division (EMRD) under the ministry of power, energy and mineral resources (MoPEMR) will […]

Bangladesh proposes energy swap with Myanmar

The government is exploring the option to import gas from Myanmar and export electricity to that country under an energy-swap proposal already on the toss. Officials said the Government of Myanmar, in principle, has agreed to a proposal put forward by a high-powered Bangladesh delegation to this effect. Prime Minister’s Energy Advisor Dr Tawfiq-e-Elahi Chowdhury […]