Chevron signals more investment in Bangladesh gas sector

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Chevron is considering increasing its investment in Bangladesh’s gas sector, with plans to explore untapped fields and step up activities in existing ones as the country seeks to improve energy security and cope with rising demand.

The interest was expressed when a Chevron delegation led by Javier La Rosa, President of Base Assets and Emerging Countries (BAEC), met Prime Minister Tarique Rahman at the Bangladesh Secretariat today.

Prime Minister’s Deputy Press Secretary Shahadat Shadhin said the meeting discussed Chevron’s role in Bangladesh’s energy sector, particularly the expansion of operations in ageing gas fields and the exploration of new fields.

Finance and Planning Adviser Dr Rashed Al Mahmud Titumir, State Minister for Power and Energy Aninda Islam Amit, Chevron Bangladesh President and Managing Director Shu Xiong, along with other senior officials, joined the meeting.