ConocoPhillips -an incompetent firm
The National Committee on Protection of Oil, Gas, Mineral Resources, Power and Ports has protested the offshore gas deal between Bangladesh govt. and ConocoPhillips of the USA. It is time for us to be aware of the limitation of the company's exploring skill. According to Wikipedia, the company does not have a good skill in exploring oil and gas. In USA, it caused accidents four times and 118 times it broke the terms and conditions of exploring. During that period they also caused damages to a great extent. US govt. has also warned this company.
How the govt. has signed the contract with such an inefficient company? Are we waiting for another Magurchhora or Tengratila event to happen which will eventually cause a great loss to our national wealth?
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