Bangladesh exploration block relinquished in new blow to country's E&P sector

Bank guarantee held by host goverment as partners walk away

Bay of Bengal: the waters have delivered hydocarbons offshore Bangladesh, India and Myanmar (pictured)
Bay of Bengal: the waters have delivered hydocarbons offshore Bangladesh, India and Myanmar (pictured)Photo: AP/TIM SULLIVAN
Published 19 January 2021, 00:05Updated 19 January 2021, 00:05