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ADB promises to help Bangladesh developing its gas sector
Dhaka, June 09: Asian Development Bank has promised to help Bangladesh developing its gas sector if it agrees on exports, including `limited` gas export to India.
Dhaka, June 09: Asian Development Bank has promised to help Bangladesh developing its gas sector if it agrees on exports, including "limited" gas export to India.
During a meeting with State Minister for Energy A K M
Mosharaff Hossain here yesterday, a delegation of senior ADB
officials said the Manila-based bank was ready to provide the
help and emphasized on limited gas exports to India through a
pipeline.
"If gas export, between 300 to 500 million cubic feet, is not there, Bangladesh's western zone gas project involving 600 to 700 million US dollar won't be financially viable", the ADB said in a report published in ‘The Bangladesh Obeservor’ said.
The long pending issue of gas export to India may come for discussion during the budget session of the parliament which begins tomorrow.
On the proposed Myanmar-Tripura-Bangladesh pipeline, the paper said in another report that Bangladesh will soon finalize plans for transshipment of natural gas from Tripura and Myanmar to central India.
"In reality it will not be exclusive Bangladesh's gas export to India. Rather it will be transnational gas pipeline", the paper said quoting highly placed government sources as saying.
A Bangladeshi company, which has been given the contract for laying the pipeline, is supposed to lay the pipeline in the stipulated two years period with a maximum extension of one year for final transmission of gas.
Bureau Report
"If gas export, between 300 to 500 million cubic feet, is not there, Bangladesh's western zone gas project involving 600 to 700 million US dollar won't be financially viable", the ADB said in a report published in ‘The Bangladesh Obeservor’ said.
The long pending issue of gas export to India may come for discussion during the budget session of the parliament which begins tomorrow.
On the proposed Myanmar-Tripura-Bangladesh pipeline, the paper said in another report that Bangladesh will soon finalize plans for transshipment of natural gas from Tripura and Myanmar to central India.
"In reality it will not be exclusive Bangladesh's gas export to India. Rather it will be transnational gas pipeline", the paper said quoting highly placed government sources as saying.
A Bangladeshi company, which has been given the contract for laying the pipeline, is supposed to lay the pipeline in the stipulated two years period with a maximum extension of one year for final transmission of gas.
Bureau Report