Gazprom Zarubezhneftegaz keen to invest in Bangladesh

Gazprom Zarubezhneftegaz keen to invest in Bangladesh
Unb, Dhaka

Global energy company Gazprom Zarubezhneftegaz yesterday expressed its keen interest to invest in large volume in Bangladesh’s gas exploration and power sector.

Gazprom’s interest was conveyed when Eduard Shevchenko, adviser to director general of Gazprom Zarubezhneftegaz, paid a courtesy call on Prime Minister Sheikh Hasina at the Prime Minister’s Office (PMO) in the capital.

Abul Kalam Azad, press secretary to the prime minister, briefed reporters after the meeting.

Hasina told Eduard that a congenial investment climate is prevailing in the country as the government is strongly committed to maintaining the atmosphere and providing the foreign investors with various facilities.

Zarubezhneftegaz was set up in mid-1998 in pursuant to the resolution by Gazprom and Zarubezhneft and in cooperation with Stroytransgaz in order to reinforce their competitiveness on the international market in expanding international business environment.

Zarubezhneftegaz has been Gazprom’s 100 percent subsidiary since early 2007. On February 11, 2009, Zarubezhneftegaz was renamed as Gazprom Zarubezhneftegaz.

PM’s Energy Adviser Toufiq-e-Elahi Chowdhury, Principal Secretary to the Prime Minister Sheikh Wahid-uz-Zaman and PMO Secretary Mollah Waheeduzzaman were also present.


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