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LNG terminal project still stuck ‘in red tape’

State-owned Petrobangla is yet to receive clearance from ministries concerned to sign its final deal with a Singapore-based US company to build a floating LNG terminal in Cox’s Bazar, although over two months have elapsed after it initialed a draft agreement. Industry insiders apprehend that it may delay the implementation process of the important energy infrastructure even though the government attaches top priority to it. LNGOfficials said the draft deal was inked between Petrobangla and the US firm—Astra Oil & Excelerate Energy Consortium—on J...

Myanmar to start repatriation process in 2 months

Myanmar on Sunday agreed to start the process for the repatriation of its ‘documented’ nationals from Bangladesh within the next two months, which Bangladesh considers a ‘breakthrough’ as the process remained halted since 2005. “They’ve agreed to start works towards the repatriation of verified Myanmar nationals within two months,” Foreign Secretary M Shahidul Haque told reporters at a press conference after the eight round of Foreign Office Consultation (FOC) between the two neighbours. RohigyanThe Myanmar’s feedback came when the Banglade...

Transformative projects need to be prioritized: SFYP Review

The mid-term review of the Sixth Five-Year Plan (SFYP) for 2011-2015 has suggested the government to identify the highest transformational projects and complete those first instead of spreading resources thinly on too many projects. It cited some examples of transformative projects that need to be prioritised and fully resourced include the Dhaka-Chittagong four-lane project, double tracking of the Dhaka-Chittagong Railway, the Padma Multipurpose Bridge Project, completion of the two Bibiyana gas field based large power plants and the Dhaka metro rail. lane

Arms seized in Mizoram meant for CHT Shanti Bahini

Mizoram police officials today said that the arms seized near Lengpui, about 40 km west from here, was meant for Bangladesh insurgent group Parabatya Chattagram Jana Samhati Samiti (PCJSS.) The officials said that PCJSS, led by Santulrama, was a breakaway group of the erstwhile Shanti Bahini, a Chakma insurgent group fighting for autonomy of the Chittagong Hill Tracts, before signing accord with the Bangladesh government on December 2, 1997. shanti bahiniThe arms seized yesterday included five modified AK-47 assault rifles, 5100 r...

India’s first cross-country pipeline to connect Bangladesh

India’s first cross-country pipeline will connect to Bangladesh. Assam-based Numaligarh Refineries Limited (NRL), a subsidiary of Bharat Petroleum Corporation Limited (BPCL), will shortly begin work on laying a product pipeline from Siliguri in West Bengal to Parbatipur in Bangladesh. The pipeline would allow BPCL to penetrate the Bangladeshi market and ensure sustained supply of petroleum products to Bangladesh. bd-indiaThe length of the pipeline would be approximately 170 km and NRL would export high speed diesel (HSD), and motor spirit t...

India to launch shipping service to Myanmar, Bangladesh

India will soon launch regular shipping service to Myanmar and Bangladesh, a move that would help strengthen ties with the two immediate neighbours. While Shipping Corporation of India (SCI) is likely to start fresh shipping lines to run container ships between India and Myanmar in October, sources said commercial trial run of vessels on India-Bangladesh coastal routes will begin in the same month. Officials said that the regular coastal shipping between Bangladesh ports and India’s eastern ports such as Paradip and Haldia may commence by this year-end. ship brea...
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