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Chevron Keen to Invest More in Bangladesh’s Gas Exploration

by deskreport

US-based global energy company Chevron has expressed keen interest in making further investments in Bangladesh to explore new gas fields and strengthen the country’s energy security.

A high-level Chevron delegation, led by Javier La Rosa, President of Base Assets and Emerging Countries (BAEC), expressed the interest during a courtesy call on Prime Minister Tarique Rahman at his office at the Bangladesh Secretariat.

Prime Minister’s Deputy Press Secretary Shahadat Shadhin said the meeting focused on Chevron’s investment in Bangladesh’s energy sector, particularly increasing investment in existing and ageing gas fields and exploring new gas fields.

The proposed investments are aimed at helping Bangladesh meet its growing energy demand and strengthen energy security.

Prime Minister’s Adviser on Finance and Planning Dr Rashed Al Mahmud Titumir, State Minister for Power and Energy Aninda Islam Amit, Chevron Bangladesh President and Managing Director Shu Xiong and senior officials attended the meeting.

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