The New Nation - Internet Edition

Staff Reporter

Leaders of Oil-Gas Mineral Resources Power and Port Protection Committee (OGMPPPC) yesterday demanded confiscation of the wealth of two multinational companies including Chevron and Niko as they have yet to pay compensation for the incidents at Magurchara and Tengratila.

In a joint statement, Eng. Sheikh Mohammed Shahidullah, convenor of OGMPPPC and member secretary Prof Anu Muhammed said that around 245 billion cubic feet of natural gas was destroyed in Magurchara gas field explosion on June 1997.

"But, the Chevron is yet to pay compensation worth about Tk 9000 crore for Magurchara incident," they added.

They also held Nico responsible for the Tengratila gas filed incident.

"Nether the previous governments nor the present Caretaker Government have initiative for getting compensation from the two companies," they alleged.

They demanded of the government to cancel agreements with the multinational companies on gas and coal mine which are detrimental against the interest of the state and illogical.