April 29, 2024, 3:06 am


Diplomatic correspondent

Published:
2023-05-04 16:57:25 BdST

Chevron Bangladesh president meets PM


President and Managing Director of Chevron Bangladesh Eric M. Walker met with Prime MInister Sheikh Hasina in Washington DC, USA.

The meeting held on Tuesday was part of the "US-Bangladesh Economic Cooperation: Shared Vision for Smart Growth", organised by the US Chamber of Commerce and the US Bangladesh Business Council.

State Minister for Power and Energy Nasrul Hamid was also present during the meeting.

During the meet, Walker highlighted Chevron's partnership with Bangladesh, spanning nearly three decades and its role in supplying energy to support the nation's industrial growth and economic development.

Walker said, "As the leading American investor in Bangladesh, we were honored to meet with Prime Minister Sheikh Hasina to discuss our role in the country’s energy future.”

He said, “Since 1995, Chevron has been delivering affordable, reliable and ever cleaner energy to Bangladesh. We are committed to working with the people and government of Bangladesh and support the country’s journey to Vision 2041.”

Chevron Bangladesh operates three gas fields in the country, which produce over 50 percent of the country's natural gas demand.

The company invested over $3.6 billion in foreign direct investment in Bangladesh, with over $550 million in contracts awarded to local suppliers and contractors in the last 12 years.

Chevron also invested in community programmes that focus on healthcare, education, economic development and disaster relief.

Over 97 percent of Chevron’s workforce are Bangladeshis who use world-class technology to safely deliver energy to Bangladesh, the company said.

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