Chevron Bangladesh has finally agreed to continue their operation in Bangladesh after negotiations with the Petrobangla chairman and other higher-ups. Seeking anonymity, a Petrobangla official told the Dhaka Tribune that although Chevron repeatedly said that they wanted to leave Bangladesh in several meetings, Petrobangla boss Abul Mansur Md Faizullah had convinced them to stay. Sources said Chevron now has finally decided, after successful negotiations, that they would invest $400 million more in the gas sector. He told the Dhaka Tribune that Chevron had not proposed to the government to increase gas prices. Regarding the issues, Chevron Bangladesh Communications Manager (External Affairs) Shaikh Jahidur Rahman told the Dhaka Tribune that the company regularly engages national, regional and international stakeholders over many issues.

Source: Dhaka Tribune October 26, 2017 17:26 UTC