Scribd Logo
Upload

Welcome to Scribd!

    • 65 views

    Norwegian Oil For Development in Bangladesh

    Uploaded by

    GustavBlitz
    The Hydrocarbon Unit (HCU) Project in Bangladesh aims to strengthen the HCU to regulate Bangladesh's growing petroleum sector. The HCU was established in 1997 to separate commercial and regulatory roles that were previously held by the national oil company, Petrobangla. The project works to establish HCU's institutional model, legal framework, license supervision, resource policies, and provide training. It progressed slowly but was extended through 2005. Plans are being made to further develop Bangladesh's gas infrastructure in a second phase with the Asian Development Bank, though this has been delayed.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Norwegian Oil For Development in Bangladesh

    Uploaded by

    GustavBlitz
    65 views2 pages
    The Hydrocarbon Unit (HCU) Project in Bangladesh aims to strengthen the HCU to regulate Bangladesh's growing petroleum sector. The HCU was established in 1997 to separate commercial and regulatory roles that were previously held by the national oil company, Petrobangla. The project works to establish HCU's institutional model, legal framework, license supervision, resource policies, and provide training. It progressed slowly but was extended through 2005. Plans are being made to further develop Bangladesh's gas infrastructure in a second phase with the Asian Development Bank, though this has been delayed.

    Original Title

    Norwegian Oil for development in Bangladesh

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The Hydrocarbon Unit (HCU) Project in Bangladesh aims to strengthen the HCU to regulate Bangladesh's growing petroleum sector. The HCU was established in 1997 to separate commercial and regulatory roles that were previously held by the national oil company, Petrobangla. The project works to establish HCU's institutional model, legal framework, license supervision, resource policies, and provide training. It progressed slowly but was extended through 2005. Plans are being made to further develop Bangladesh's gas infrastructure in a second phase with the Asian Development Bank, though this has been delayed.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    65 views2 pages

    Norwegian Oil For Development in Bangladesh

    Uploaded by

    GustavBlitz
    The Hydrocarbon Unit (HCU) Project in Bangladesh aims to strengthen the HCU to regulate Bangladesh's growing petroleum sector. The HCU was established in 1997 to separate commercial and regulatory roles that were previously held by the national oil company, Petrobangla. The project works to establish HCU's institutional model, legal framework, license supervision, resource policies, and provide training. It progressed slowly but was extended through 2005. Plans are being made to further develop Bangladesh's gas infrastructure in a second phase with the Asian Development Bank, though this has been delayed.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    6.

    2
    B angladesh
    Project:
    Strengthening of the Hydrocarbon Unit (HCU) Project
    Country facts:
    Cooperating institution: Official Name:
    Hydrocarbon Unit (HCU) under People’s Republic of
    Energy and Mineral Resources Division (EMRD) Bangladesh
    Ministry of Power, Energy and Mineral Resources (MOEMR).
    Capital:
    Goals and objectives: Dhaka
    The Hydrocarbon Unit (HCU) was set up by the Government of Bangladesh
    in 1997 under the administrative control of the Ministry of Power, Energy and Chief of state:
    Mineral Resources. The objective of establishing the HCU was to split the President Iajuddin Ahmed
    responsibilities for commercial and regulatory governmental functions. Both
    functions have previously been the responsibility of the national oil company Head of Government:
    Petrobangla. Actual work on the project started in 1999. Prime Minister Khaleda Zia

    The development objective of the project is to address the need for MOEMR to Population:
    assume new responsibilities as a result of the arrival of foreign companies for 147 365 352 (2006)
    operations in the petroleum sector in Bangladesh under production sharing
    contracts (PSC), and an increasing commercial role of the state owned Petroleum sector, key figures:
    petroleum company, Petrobangla. Average oil production:
    3.400 bbl/day (2005)
    The Objective of the Project is: Annual gas production:
    Strengthening of the HCU to become a full-fledged functioning, permanent 14.5 bill m3 (2005)
    body in the ministry, authorised to:
    • Implement Government policies and regulations for upstream activities Organisation of the
    for the petroleum sector petroleum sector:
    • Promote and supervise private sector activities in the petroleum sector. Ministry of Power, Energy
    and Mineral Resources has a
    Programme division named Energy and
    The programme is concentrated around the following components: Mineral Resources Division
    • Establish an institutional Model (EMRD) which HCU is
    • Establish a revised legal framework reporting to.
    • Supervision of license activities
    • Resource policy and management Bangladesh Oil, Gas &
    • Resource assessment Mineral Corporation
    • Training and other institutional support activities (Petrobangla) consists of
    several companies of which
    three are engaged in explora-
    Contact: tion and production. Some
    NPD: Mr. Jan Bygdevoll, Project Coordinator, international oil companies
    [email protected] (IOC’s) have operations in
    Bangladesh. This is organised
    by production sharing
    contracts with Petrobangla

    2 0 0 6 -2 0 07
    Norwegian Petroleum Directorate
    O i l f o r d e v e l op m e n t

    30
    6.2

    Status of the project: stages until end of June 2005.


    This also included some extra funding.
    Phase I-1:
    Build up period for definition and forming of the Plans for an extended project (Phase II) are being
    HCU including employment and basic training of key prepared in cooperation with Asian Development
    personnel. Bank (ADB) as a part of ABD’s programme for further
    development of infrastructure for gas in Bangladesh.
    Phase I-2: This process has been delayed and there has been
    Implementation phase, where regulatory, planning little activity from the NPD side in 2006. It seems likely
    and monitoring functions are put to work. Initially the that the activity will resume in 2007. It is at the mo-
    duration of the project was 4,5 years, but due to slow ment unclear which role the NPD will play in the next
    progress it was decided to prolong the project in two phase of the project.

    Source: PetroView

    2 0 0 6 -2 0 07
    Norwegian Petroleum Directorate
    O i l f o r d e v e l op m e n t

    31

    You might also like