Cairn Ponders $80m Drive in Bangladesh

The HeraldMay 18, 2005

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Summary


CAIRN Energy is considering investing up to $80m (43m) on gas exploration in Bangladesh next year.

The Edinburgh-based independent oil and gas explorer said it may invest the money because of a strong gas market in many parts of Asia and the good business climate in Bangladesh.

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Extract


Cairn Ponders $80m Drive in Bangladesh

The company also said it has been encouraged by settlement of dues for ga...

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