Chevron Bangladesh has recently received its outstanding payments from the state-owned Petrobangla.
‘We have received our entire outstanding bills from the government in recent weeks,’ an official of the United States company said.
The company also issued an official statement, saying, ‘We greatly appreciate the efforts of the interim government, the energy ministry, and Petrobangla to resolve this issue.’
It added that the outcome sends a positive signal to both existing and potential investors. ‘We have been a partner in ensuring Bangladesh’s energy security and driving economic progress for 30 years, and we look forward to continuing the journey together.’
Environment adviser Syeda Rizwana Hasan had recently indicated the government’s commitment to clearing dues in the energy sector.
Speaking at an event on renewable energy, she said that the government had paid foreign companies, marking a strong sign of its efficiency.
