Total to expand business in Bangladesh

Kalerkantho Online   

14 December, 2017 08:42 AM

Total to expand business in Bangladesh

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The world's second-largest oil exploration and marketing company, Total, has planned to come up in Bangladesh with a big investment, particularly in LPG and LNG sectors.

Philipe Sauquet, the executive vice president of Total, informed this in a meeting with Prime Minister Sheikh Hasina yesterday.

PM's press secretary Ihsanul Karim confirmed the information with journalists.

Briefing reporters after the meeting, Foreign Secretary Md. Shahidul Huq said Total has business both in LNG and LPG sectors in 130 countries including Bangladesh.

Total has launched its operation in Bangladesh in 2002 and they have a bottling plant of 2,500 mt carbon storage. Now they want to double the capacity of plant and the company has already started consultation with Bangladeshi officials in this regard, BSS reported quoting Sauquet.

The Total EVP sought the premier's support for further expanding their business in Bangladesh.

As Sauquet informed the prime minister of various challenges in doing business in Bangladesh, the prime minister assured them of looking into the matters, the foreign secretary said.