Sponsored by
Cairn pumps cash into Sangu
CAIRN Energy plans to invest nearly $9.5 million (£5.4m) to try to find more natural gas at Bangladesh's only offshore field at Sangu, which may be commercially exhausted by the end of next year, a senior energy official said yesterday.
A representative from state-owned Petrobangla said the Edinburgh company had submitted a proposal to extend production from the field until 2011. Cairn has invested about $1 billion in Bangladesh, including nearly $600m in Sangu.
Email to a friend
Print this page- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers takeover: Duff & Phelps threaten legal action against BBC
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Thursday 24 May 2012
Today
Sunny spells
Temperature: 10 C to 23 C
Wind Speed: 12 mph
Wind direction: North
Tomorrow
Sunny spells
Temperature: 9 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
