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Bangladesh signs deal to sell natural gas
19 May 2011: Petrobangla, on 16 May 2011, signed a gas purchase and sales agreement (GPSA) with Australian oil company Santos. The company can now provide directly to gas starved market to sell its share of natural gas to willing downstream consumers. Bangladesh has for the first time allowed a foreign energy company to sell natural gas within the country amidst widespread criticism by social justice activists. Opposition had caused a year-long delay in signing a contract.
Source: Petroleum Bazaar