Wednesday, February 21, 2024

Petrobangla inks $200m deal for MGMCL

Petrobangla, the state-owned oil, gas and mineral company, has signed a contract with Germania Corporation Limited, a Belarus-based company, to operate the Maddhapara Granite Mining Company Ltd (MGMCL), the country’s lone hard rock mine. “We signed the production and operation contract with Germania, which would cost around USD 200 million for six years,