1) Trans-Myanmar-Bangladesh Gas Pipeline Plan
GAS PIPELINE PLAN
(Source: The Daily Star report, 1st March 02)
The "Trans-Myanmar-Bangladesh Gas Pipeline" project, proposed by 'an international consortium', is actually the proposal made by a Bangladeshi company, Mohona Holding Ltd, three years ago.
The proposal was made in mid-'99, coinciding with US company Unocal's unofficial advocacy for gas export from Bangladesh to India and a visit by the then foreign minister of Myanmar to Bangladesh.
However, the proposal mysteriously became 'dead' within months, even before any meaningful negotiation or discussion with the government (of
Industry insiders said the company has revived the proposal again now, coinciding with the visit of Unocal's regional chief to
A few months ago, Unocal officially proposed to the government of
According to sources, the Trans-Myanmar-Bangladesh gas Pipeline project proposal lacks any feasibility study, and available information on gas resources (and) shows no scope for export of gas from
The proposal also claims to add gas to its pipeline from
Besides, the pipeline infrastructure will require investment of over two billion US dollars. But Mohona Holdings does not have any expertise or investment in this regard. Its only partner in the deal is Indian oil company ONGC.
Mohona Holdings categorically claims that its proposal in no way competes Unocal's gas export proposal or is linked with it. But the source said its aim is to reach 'some understanding' with the
The "Bangladesh Festival" is going to be held in
The Export Promotion Bureau (EPB) and Bangladesh-Myanmar Business Promotions Council are jointly organizing the festival.
Commerce Minister Amir Khasru Mahmud Chowdhury is expected to lead a delegation comprising representatives of the government and private sector in the
The government decided to organize the festival as part of its move to explore alternative markets for different exportable items, especially garments products, in the back drop of global recession in economy and high competition in export market, commerce ministry officials said.
Programmes of the festival include seminar on potentialities of
There is also possibility to set up permanent exhibition centre in
Chairman of the Bangladesh-Myanmar Business Promotions Council Syed Mahmudul Haque said
"Both the countries have immense potentialities in trade and commerce sectors, but that have not yet been utilized," he said.
He said the festival is going to be held in
According to the organizers,