Shahnaj Begum &UNB
The Ministry of Energy and Mineral Resources proposes to revive the Myanmar-Bangladesh-India gas pipeline project.
Sources said the proposed pipeline will enter the
The government has, however, put certain conditions like
import of gas from
Besides, the government will decide on the diameter of the pipeline that will go alongside highways as much as possible to ensure that not much land is acquired for the pipeline.
Mohona Holding, a local company, has requested the Ministry of Energy to reconsider the proposal which was rejected by the Prime Minister's Office (PMO) last year.
Mohona, recently again showed interest in this $1billion project.
The proposal also claims to add gas to its pipeline from
Energy Ministry sources said this time the proposal would be placed before the cabinet committee on Economic Affairs first.
According to a report The Hindu, published in the Indian
newspaper, Foreign Minister Morshed Khan discussed
the issue when he visited
It may be mentioned that day before yesterday
Sources said the proposal was made in mid-'99, coinciding
with US company Unocal's unofficial advocacy for gas export from Bangladesh to
India and a visit by the-then Foreign Minister of Myanmar to Bangladesh. The
company has not furnished detailed information as to how it would organise funds for the project. If the project is finally
approved by the government, the source said, a consortium will have to be set
up to implement it within
"The present proposal would not cause any harm to the country," AKM Mosharrof Hossain, the State Minister for Energy and Mineral Resources, told The Independent yesterday. He said and added that the country would benefit from royalty, installation and other transmission charges.
He also said that one of the conditions raised earlier was
Other terms and conditions include provisions requiring the company to construct the pipeline with 30 to 40 inch diameter and to include the Bangladesh Petroleum Corporation (BPC) as one of the main parties in the consortium.
Officials at the Energy Division indicated that
On top of that there would be an investment of US$ 150 million that would create employment for Bangladeshis.