flowing out through different leaks of the abandoned gas field located at Doarabazar upazila of the district. He also said the chairmen of local upazila and union parisad have expressed their concern over any possible danger due to the unprecedented gas flow (condensate). “We have seen condensate (a raw material of gas) flow through small cannels at different areas of the abandoned gas field during a field visit,” he said. The Sunamganj DC also requested the ministry to take necessary step in this regard. A compensation cases is pending at the International Centre for Settlement of Investment Disputes (ICSID) over the blowout incident in 2005. Besides, ICSID has decided to engage international gas blowout experts to assess the liabilities of Niko Resources of two gas blowouts in the Tengratila gas explosion in 2005. In the proceedings before the tribunal on August 20, 2013, the Bangladesh team challenged the jurisdiction of the ICSID tribunal to hear the claims made by Niko Resources (Bangladesh) Ltd, as it wants to settle the compensation issue first. Petrobangla secured Bangladesh‘s right to claim $107 million from Niko in Bangladesh’s court at the tribunal of ICSID last year. However, Niko owes $ 25 million in gas bills. Thousands of people had to leave their homesteads as the huge fireball leapt 150 feet over the gas field in the blowout incidents. Niko began its drilling operation at Tengratila on 31 December 2004, and 7 days later there was a fatal blowout. Six months later, another blowout occurred at the same gas field. The blowouts cost Bangladesh about 1,794 billion cubic feet (bcf) of gas worth Tk 13,631 crore, according to the energy ministry.
Tuesday, November 11, 2014
Panic over gas leakage in Tengratila field:Daily Sun
flowing out through different leaks of the abandoned gas field located at Doarabazar upazila of the district. He also said the chairmen of local upazila and union parisad have expressed their concern over any possible danger due to the unprecedented gas flow (condensate). “We have seen condensate (a raw material of gas) flow through small cannels at different areas of the abandoned gas field during a field visit,” he said. The Sunamganj DC also requested the ministry to take necessary step in this regard. A compensation cases is pending at the International Centre for Settlement of Investment Disputes (ICSID) over the blowout incident in 2005. Besides, ICSID has decided to engage international gas blowout experts to assess the liabilities of Niko Resources of two gas blowouts in the Tengratila gas explosion in 2005. In the proceedings before the tribunal on August 20, 2013, the Bangladesh team challenged the jurisdiction of the ICSID tribunal to hear the claims made by Niko Resources (Bangladesh) Ltd, as it wants to settle the compensation issue first. Petrobangla secured Bangladesh‘s right to claim $107 million from Niko in Bangladesh’s court at the tribunal of ICSID last year. However, Niko owes $ 25 million in gas bills. Thousands of people had to leave their homesteads as the huge fireball leapt 150 feet over the gas field in the blowout incidents. Niko began its drilling operation at Tengratila on 31 December 2004, and 7 days later there was a fatal blowout. Six months later, another blowout occurred at the same gas field. The blowouts cost Bangladesh about 1,794 billion cubic feet (bcf) of gas worth Tk 13,631 crore, according to the energy ministry.
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