{"id":58901,"date":"2020-05-03T14:26:14","date_gmt":"2020-05-03T14:26:14","guid":{"rendered":"http:\/\/en.bornomalanews.com\/?p=58901"},"modified":"2020-05-03T14:26:14","modified_gmt":"2020-05-03T14:26:14","slug":"bangladesh-wins-case-against-niko","status":"publish","type":"post","link":"https:\/\/en.bornomalanews.com\/?p=58901","title":{"rendered":"Bangladesh wins case against Niko"},"content":{"rendered":"<p style=\"text-align: left;\"><img class=\"wp-image-58902 aligncenter\" src=\"http:\/\/en.bornomalanews.com\/wp-content\/uploads\/2020\/05\/17bornomalanews-300x181.jpg\" alt=\"\" width=\"897\" height=\"541\" srcset=\"https:\/\/en.bornomalanews.com\/wp-content\/uploads\/2020\/05\/17bornomalanews-300x181.jpg 300w, https:\/\/en.bornomalanews.com\/wp-content\/uploads\/2020\/05\/17bornomalanews-768x464.jpg 768w, https:\/\/en.bornomalanews.com\/wp-content\/uploads\/2020\/05\/17bornomalanews-696x420.jpg 696w, https:\/\/en.bornomalanews.com\/wp-content\/uploads\/2020\/05\/17bornomalanews.jpg 800w\" sizes=\"(max-width: 897px) 100vw, 897px\" \/>Dhaka: Bangladesh secured a win in a case filed against Canadian company Niko over\u00a0 Tengratila gas explosion at Chhatok gas field.<\/p>\n<p style=\"text-align: left;\">The International Centre for Settlement of Investment Disputes (ICSID) has given its verdict in favour of Bangladesh in the case against Niko.<\/p>\n<p style=\"text-align: left;\">The ICSID in its verdict also asked Niko to pay compensation to Bangladesh.<\/p>\n<p style=\"text-align: left;\">Mir Mohammad Aslam Uddin, senior information officer at the Ministry of Power, Energy and Mineral Resources, confirmed the matter on Saturday (May 2) evening.<\/p>\n<p style=\"text-align: left;\">Bangladesh will not have to pay the dues demanded by Niko as a result of the ICSID verdict. Besides, Bangladesh will also be able to take Niko's property in Block 9 or Bangura in Cumilla, according to a source at the Ministry of Power, Energy and Mineral Resources.<\/p>\n<p style=\"text-align: left;\">The next hearing is scheduled to be held in September this year, the source said. The amount of compensation that Bangladesh will get following the verdict of the international court may be determined in that hearing.<\/p>\n<p style=\"text-align: left;\">State Minister for Power and Energy Nasrul Hamid will officially announce the verdict on Sunday (May 3) noon, said Aslam Uddin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dhaka: Bangladesh secured a win in a case filed against Canadian company Niko over\u00a0 Tengratila gas explosion at Chhatok gas field. The International Centre for Settlement of Investment Disputes (ICSID) has given its verdict in favour of Bangladesh in the case against Niko. The ICSID in its verdict also asked Niko to pay compensation to [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":58902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12,2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/en.bornomalanews.com\/?p=58901\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bangladesh wins case against Niko - Bornomalanews.com\" \/>\n<meta property=\"og:description\" content=\"Dhaka: Bangladesh secured a win in a case filed against Canadian company Niko over\u00a0 Tengratila gas explosion at Chhatok gas field. 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