Dhaka, Bangladesh (BBN) - The Bangladesh government has renewed the memorandum of understanding (MoU) with Thai state-owned PTT Exploration and Production Company (PTTEP) on energy sector cooperation, officials said.
The state-run Petrobangla has renewed the MoU with the Thai energy firm as part of their effort to continue bilateral cooperation in the energy sector, they added.
The original MoU was signed between Petrobangla and PTTEP in September 2006.
The PTTEP has already conducted a joint study to find out areas where the two state-linked energy firms could cooperate.
It also examined the gas seepage leakages in Brahmanbaria, operated by state-run Titas.
Although the Petrobangla is yet to plug the Titas-operated gas field's leakage, it has started its own procedure to complete the job.
BBN/SI/SSR-14Dec10-12:47 am (BST)