Dhaka-Bangladesh has agreed to UK-based Cairn Energy's proposal to sell gas from its Magnama and Hatia structures in the Bay of Bengal at market prices to private buyers in the country, a senior government official said September 22. “We have agreed to the Cairn proposal, and a supplementary agreement to the existing production sharing contract will be signed shortly to this effect,” Petrobangla Chairman Hossain Mansur told Platts.
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