Chevron has decided to keep its presence in Bangladesh, the
company said in a statement yesterday without elaborating on the
motive behind this decision. Earlier this year, the company had
announced plans to sell its local subsidiaries to Chinese Himalaya
Energy Co Ltd. The sale plan was part of a wider asset disposal
program designed to rid Chevron of non-core operations, but
according to Dhaka Tribune, negotiations with the company’s local
partner, Petrobangla, and the government, resulted in a reversal of
its earlier decision. Now, instead…
company said in a statement yesterday without elaborating on the
motive behind this decision. Earlier this year, the company had
announced plans to sell its local subsidiaries to Chinese Himalaya
Energy Co Ltd. The sale plan was part of a wider asset disposal
program designed to rid Chevron of non-core operations, but
according to Dhaka Tribune, negotiations with the company’s local
partner, Petrobangla, and the government, resulted in a reversal of
its earlier decision. Now, instead…
Chevron has decided to keep its presence in Bangladesh, the
company said in a statement yesterday without elaborating on the
motive behind this decision. Earlier this year, the company had
announced plans to sell its local subsidiaries to Chinese Himalaya
Energy Co Ltd. The sale plan was part of a wider asset disposal
program designed to rid Chevron of non-core operations, but
according to Dhaka Tribune, negotiations with the company’s local
partner, Petrobangla, and the government, resulted in a reversal of
its earlier decision. Now, instead…
company said in a statement yesterday without elaborating on the
motive behind this decision. Earlier this year, the company had
announced plans to sell its local subsidiaries to Chinese Himalaya
Energy Co Ltd. The sale plan was part of a wider asset disposal
program designed to rid Chevron of non-core operations, but
according to Dhaka Tribune, negotiations with the company’s local
partner, Petrobangla, and the government, resulted in a reversal of
its earlier decision. Now, instead…