Do More With Reuters

Chevron suspends survey after fire in Bangladesh

Sun Apr 27, 2008 6:44pm IST
 
Email | Print | | Single Page
[-] Text [+]

By Serajul Islam Quadir

DHAKA, April 27 (Reuters) - U.S. energy group Chevron Corp (CVX.N: Quote, Profile, Research) suspended its seismic survey work in a Bangladeshi gas field after a forest fire in the area, the company said on Sunday.

"Chevron has initiated an investigation into the fire and although there is no evidence that the fire was related to the seismic survey work, Chevron has suspended all of its seismic-related work in the forest pending the results of initial findings," the company said.

Chevron last month began a six-month long three-dimensional (3D) seismic survey in block 14 of the Moulavi Bazar gas field located in the country's northeast, which also covers part of a national forest.

Steve Wilson, chief executive of Chevron in Bangladesh, said at the time the company was conducting the survey ensuring all necessary measures to protect the environment as it was aware of the environmental sensitivity of the area.

Jalal Ahmed, chairman of the Bangladesh Oil, Gas and Mineral Corporation or Petrobangla, told Reuters on Sunday: "We have sent a team to determine the real causes and extent of damages of the forest and until they come back can not say anything."

Officials of Chevron said there was so far no evidence the fire was connected to its seismic activities.

"From initial reports, it appears that the fire had no major impact on the wildlife or the environment with superficial damage on the ground and limited impact on trees," the company said in a statement.

Wilson added: "We are shocked to hear about the fire. At this stage we do not know the cause of it and there is no evidence to link it to Chevron activities, but we have launched an investigation to determine the cause.  Continued...

Photo

Catch the latest news, pictures, stats and live race commentary on our special Formula 1 page.  Full Coverage 

REUTERS POLL

Photo
Where do you see the BSE Sensex by year end?
Below 12,000
12,000 - 15,000
15,000 - 18000
Above 20,000
Symbol Bid Ask
BRENT CRUDE $0.00 $0.00
GOLD $0.00 $0.00
SILVER $0.00 $0.00