The objective is to improve efficiency in gas production in the Titas Gas Field and expand gas transmission pipeline capacity between Chittagong and Bakhrabad.
The Project includes two components. Under component one, seven wellhead compressors (5 operating and 2 stand-by) will be installed in the Titas Gas Field to help improve gas production efficiency to maximize recovery from Titas Gas Field. Under component , a 181 km, 36-inch gas transmission pipeline will be constructed. The pipeline will constitute a trunk transmission pipeline between Chittagong and Bakhrabad to transport regasified LNG to central and west gas markets.
For more information about project financing, please review the project summary.
The Bank has decided to apply ADB’s Safeguard Policy Statement (2009) (ADB SPS) to the Project because:
(i) it is consistent with the Bank’s Articles of Agreement and materially consistent with the provisions of the Bank’s Environmental and Social Policy and relevant Environmental and Social Standards; and
(ii) the monitoring procedures that ADB has in place to ascertain compliance with the ADB SPS are appropriate for the Project. Under the ADB SPS, the Project has been assigned Category B for Environment, Category A for Involuntary Resettlement, and Category C for Indigenous Peoples. As required by the Bank’s Environmental and Social Framework and Policy, the Project is assigned Category A.
The Environmental and Social safeguard documents have been disclosed and posted on the following website: https://www.adb.org/projects/45203-006/main#project-documents.
Raqib Ahmed Chowdhury
Investment Operations Specialist
Md. Shahriar Kader Siddiky
Economic Relations Division,
Ministry of Finance, Government of the People’s Republic of Bangladesh