Narinjara news

 

Dhaka, March 10

 

 

Bangladesh approves a proposal to form an inter-ministerial committee for tri-nation gas pipe line

 

Bangladesh recently formed an inter-ministerial committee to finalize conditions for India on the proposed tri-nation gas pipeline, which will run from Burma to India through Bangladesh.

 

Prime Minister Khaleda Zia has approved the committee will be  comprised of three departmental officials from the committee from Energy Division, the Power Division, as well as the Ministry of Commerce, a repot of  Energy ministry.

 

The committee was approved by the Bangladesh PM after sending the proposal on to PM Khaleda Zia last week.

 

The committee will finalize three conditions in detail, including the Indian corridor for Bangladesh's bilateral trade with Nepal and Bhutan, importing hydroelectricity from the two Himalayan kingdoms, and reducing trade imbalance between Dhaka and Delhi.

 

Dhaka made it clear that it would not sign the proposed deal on the installation of the tri-nations gas pipeline unless India met its three preconditions concerning land transit and a trade gap.

 

Bangladeshi Minister for Energy, AKM Mosharraf Hossain, told reporters at his office in Dhaka on 2 March, that Bangladesh would not sign the deal unless it's three conditions are accommodated in the deal.

 

He also said that the Indian side agreed to accept the conditions before signing the Memorandum of Understanding (MoU) at the Tri-Nations Technical Committee met in Rangoon on 24-25 February.

 

India Petroleum Minister Mani Shankar Aiyar on 27 March said that the tripartite agreement would be signed in Dhaka by the end of March.

 

Bangladesh State Minister for Energy said earlier it was decided by all three nations to hold the next meeting of the Technical Committee in Dhaka in April to sign the MoU on the proposed pipeline project.

 

"Now it is not clear whether signing the MoU would be possible in April as the whole matter needs more time to finalize," he added. #

 

 

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