Monday, 2 October, 2023

Chevron Bangladesh chief becomes USBBC board member

  • Special Correspondent
  • 28 July, 2023 12:00 AM
  • Print news

Chevron Bangladesh President and Managing Director Eric M Walker has joined the U.S.-Bangladesh Business Council (USBBC) as a Board Member.

The USBBC is the business advocacy group advancing policy priorities of the U.S. business community in the bilateral trade relationship with Bangladesh.

Regarding his joining, Walker said, “Chevron is proud to be a partner of choice by maintaining safe and reliable operations, ensuring uninterrupted delivery of low-cost natural gas to support the increasing energy demand of Bangladesh over the last 28 years.”

He said, “We aspire to fuel the growth of the Bangladesh economy with foreign direct investment and the utilisation of our cutting-edge technology.”

Chevron Bangladesh operates three gas fields in the country, which produce over 60 percent of the country's natural gas demand.

The company has invested over $3.6 billion in foreign direct investment in Bangladesh, with over $550 million in contracts awarded to local suppliers and contractors in the last 12 years.