Government signs deal for a gas sector master plan

Mohammad Hossain, director general of the Power Cell, and Soren Lovestead Christensen, head of study at Ramboll, signed the agreement in Dhaka on Wednesday. Ramboll will prepare the 25-year master plan within six months, revising the existing master plan which was prepared by UK-based Wood Mackenzie in 2006. The project will be funded by the World Bank. Hossain said the government wanted to bring the management of the gas sector under a new master plan, which is expected to constitute a medium-term plan for least-cost augmentation of supply and sustainable development of the country's gas sector. The Power Cell will also finalise a new power master plan with financial and technical assistance from Jica.