Dhaka, July 31 -- The government on Wednesday signed a revised gas sales and payment agreement with Karnaphuli Fertilizer Company Limited (KAFCO) and realised outstanding gas bills worth Tk 9.24 billion from the multinational company.
In addition, KAFCO paid an overdue demand charge of around Tk 343 million to state-run Karnaphuli Gas Distribution Company Ltd (KGDCL) during the signing ceremony held at the Petrobangla office in Dhaka.
Energy Secretary Mohammad Saiful Islam presided over the ceremony, which was also attended by Industries Secretary Md Wabaidur Rahman, KGDCL Chairman SM Moin Uddin Ahmed, Petrobangla Chairman Md Rezanur Rahman, and Bangladesh Chemical Industries Corporation Chairman Md Fazlur Rahman.
The agreement was sig...
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