Bangladesh To Launch Offshore Oil and Gas Bidding Round

Energy-starved Bangladesh will invite later this week international bidding for 24 offshore oil and gas exploration blocks as the south Asian country looks to increase its domestic energy supply. Bangladesh will launch on March 10 an international bidding round for the blocks in the Bay of Bengal, Zanendra Nath Sarker, chairman of state-owned oil and gas firm Petrobangla, told Reuters in an interview on Tuesday. Bangladesh has set the deadline for receiving bids for the blocks for the first week of September 2024. Bangladesh and Petrobangla…