Wednesday, February 21, 2024

Gazprom lets down govt; plans to boost gas output jeopardised

The government’s plans to increase gas production by 300 mmcf, from the existing fields, has been jeopardised as the Russian oil giant Gazprom has not fulfilled its contractual obligations to implement Petrobangla’s USD 197.55 million gas augmentation plan. The Russian oil company’s subsidiary Eriell has failed to drill even a single well. To implement the ... Read more