CNOOC mulls gas JV with Bangladesh’s Bapex

摘要

Dhaka, Bangladesh—State-run China National Offshore Oil Corporation is considering forming a joint venture with Bangladesh Petroleum Exploration and Production Co., or Bapex, to explore for gas prospects offshore Bangladesh, a CNOOC source said September 19. Talks between the two companies are ongoing, the source said, adding that if negotiations are successful, this would be CNOOC’s first investment in Bangladesh’s oil and gas sector.