NIKO resources a highly incompetent company engaged in Bangladesh through very nontransparent and inappropriate process has very adversely affected the energy security of Bangladesh. BGFCL and SGFL as owners of Feni and Chatack Gas fields could develop these fields and BAPEX could explore and develop Tengratilla potential structure. Instead, Fen...
Bangladesh High Court has declared contracts between Petrobangla & Niko and BAPEX & Niko illegal in a historic verdict recently taking into cognizance the allegations of a scam in the award of a contract. The contracts were concluded by BNP Jamat Alliance Government in 2003 for re-development of Feni and Chattack gas fields includin...
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