OGPC's objectives
Recently we see with sorrow that, the leftists of Bangladesh have shifted from their position to nationalism which indicates that they are also affected by the globalisation or they couldn't escape the effect of globalisation. They are now trying to protect the interest of the neighbouring countries behind the banner of the Oil, Gas Protection Committee subconsciously. Opposing the model PSC doesn't mean the cancellation of the PSC. The OGPC is presenting false information to the people about the 80% export option and trying to hide the impossibility of the export option. So far we know the govt., for the first time, brought the energy company under the tax net by imposing 40% corporate tax.
We have some suggestions regarding the energy sector. The capital of the energy sector must be raised from the local capital market by issuing bonds, shares. The multinational companies must reinvest a portion of their profit into to the local market. They must assist us to increase capability of local geologists, engineers and others by assisting universities both financially and intellectually as part of their corporate social responsibility.
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