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Chevron drops decision to sell to China and leave Bangladesh


Chevron had said in April it would sell to China's Himalaya Energy Co. the wholly owned subsidiaries that operate three gas fields, which together account for 58 percent of Bangladesh's gas production.

Chevron had said in April it would sell to China's Himalaya Energy Co. the wholly owned subsidiaries that operate three gas fields, which together account for 58 percent of Bangladesh's gas production.

DHAKA: The U.S. oil company Chevron will not sell three subsidiaries and leave Bangladesh as planned, Chevron said on Sunday.

Chevron had said in April it would sell to China's Himalaya Energy Co. the wholly owned subsidiaries that operate three gas fields, which together account for 58 percent of Bangladesh's gas production.

Oil & Gas , Corporate News

   

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