Bangladesh’s dispute with India in 2002 and Myanmar in 2022 was settled in Bangladesh. Then for the principle time, the government took a big initiative in having a look out oil and fuel at sea. International tenders have been referred to as. However, the initiative didn’t artwork. Seven global corporations bought tenders alternatively no one submitted it.
A responsible provide in Petrobangla prompt Jago Data that Petrobangla gave a letter to the firms on December 25 to resolve the reason for not submitting the comfortable. In this day and age, the firms didn’t solution the letter of Petrobangla for Christmas and New 12 months’s holidays. Petrobangla later sent the letter over again in the second round. This time best two corporations have responded. On January 5, the letter responded to the USA company ExanMobil. A few days later, Chevron responded to the letter. However, no other company has however responded.
In line with assets in Petrobangla, in their letter, in their letter, the information of the block, which means that that prime data prices, the cost of construction of the pipeline from the block to the station, has reported that the Group of workers Participation Fund (WPPF) is integrated. In addition to, the improvement of a 25-5 km tariff pipeline may well be required from the hunt block to station. There was no information on the Petrobangla Production Sharing Contract (PSC).
An legitimate of Petrobangla discussed the two corporations had responded to the letter. No person else gave it however. If all the corporations’ letters are responded, the details may also be outlined, why they didn’t participate throughout the comfortable. If the government wants to listen to their complaints, the comfortable will be capable of build up its amenities and make it attractive.
Petrobangla officials discussed the PSC has been made attractive than ever to make the firms . Despite the fact that fuel prices had been specified throughout the previous PSCs, the price of fuel has not been mounted at PSC of 2021. Gas prices will fluctuate with Brent Crude’s world market price. The price of every thousand cubic ft of fuel is estimated at 5 % of Brent Crude. That is, if Brent Crude costs $ 5, the price of fuel may well be $ 5. Gas prices will build up as oil prices rise, and it’ll reduce it. Now the price of oil is 5 to 12 bucks, the fuel will price 1 to 5.25 bucks. At the time of calling the comfortable, the price of oil was more than $ 5. Because of this, the firms didn’t particular interest.
Besides, many have blamed the ongoing political scenario throughout the country. They’re announcing global investment is being discouraged throughout the provide scenario. For the ones reasons, corporations received’t have submitted comfortable.
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An inquiry committee was formed beneath the top of Petrobangla (Production Sharing Contract) to resolve the reason for not submitting the comfortable. The top of the investigation committee of the time was in recent times the director (Operation and Mines) engineer. Rafiqul Islam. He prompt Jago Data, ‘I’m now not on the inquiry committee. Why they didn’t submit the comfortable, it may well be understood if the letter was spoke back. ‘
Former Professor of Bangladesh Engineering School (BUET), Energy and Sustainable Construction Specialist. Ijaz Hossain prompt Jago Data that companies don’t appear to be coming as a result of the prevailing political scenario throughout the country. They received’t bid until a roadmap of the election. Because of if that’s the case the danger goes. In such situations, corporations want additional facilities. It isn’t possible for the country to give you the ones facilities. There’s now not the rest to do except for able. Have to wait a while. When the election roadmap arrives, the firms would perhaps bid.
The tenders revealed on the Petrobangla internet website looking for oil and fuel throughout the sea discussed that 9 of the 8 blocks of the shallow sea (SS-1, 3, 6, 6, 6, 6, 6, 6, 9, 9, 9, 9, 9, 9, 9 and 5 blocks (DS-1 to DS-1. This comfortable has been referred to as for DS-22). The two shallow sea blocks have already been given to India’s Oil and Natural Gas Corporate (onGC).
Regarding the permission to participate throughout the comfortable, the worldwide corporations that have no less than 1,000 barrels of oil or 1 million cubic ft of fuel production daily can best participate throughout the comfortable.
In addition to, a company must have no less than one working enjoy out of doors the country to participate throughout the comfortable. Companies will be capable of participate throughout the comfortable for plenty of blocks. The notification states that the agreement may well be signed with the worldwide company in line with the Sort Production Sharing Contract (PSC) 2021.
In line with assets in Petrobangla, US corporations in multinational oil-gas corporations, Aminmbil and Chevron, Petronas, Malaysia, Norway and France, TGS & Slambberzer, Japan’s Inpendx Corporate and Jogmack, China’s Sinuka, Singapore’s Chris Energy and Petroba. Contact Among the ones, Chevron, Exenmbail, Inpex, Cinook and Jogomac have been purchased by the use of multi -dimensional surveys throughout the sea. The tenders have been purchased one of the Chevron, Aminmbil, Inpex, Cinook, Jogmack, Chris Energy and OGC. Then again after all no one submitted the comfortable.
There are 5 blocks throughout the deep sea and 5 throughout the shallow sea in a whole of 20 blocks throughout the Bay of Bengal. Of the ones, Conoco Philips worked in two blocks throughout the deep sea throughout the 21st. They performed a two -dimensional survey alternatively later left the artwork since the name for for raising fuel prices was not met. In a similar way, after the agreement, Santos and South Korea’s Pusko Daiyu left the artwork. Now as the only company, the Indian company OGC is investigating two blocks of shallow sea.
NS/MHR/MMAR/GKS