The government may not approve Chevron Bangladesh selling its operations here to a Chinese consortium. A subsidiary of US-based oil giant Chevron, Chevron Bangladesh operates under production sharing contract at the Bibiyana gas field in block 12, and Jalalabad and Moulvibazar fields in blocks 13 and 14. The government’s stand is that Chevron has been operating efficiently in those three gas fields, extracting half of the total gas production in Bangladesh. “A consulting firm under Petrobangla is now working to identify the total assets of the gas fields. So these gas fields should not be handed over to infamous companies.”

Source: Dhaka Tribune May 15, 2017 18:00 UTC