Dhaka says not enough gas for major Tata project

0 Comments | AFP, May, 2008

DHAKA (AFP) — Talks between Indian conglomerate Tata and the Bangladesh government on a three-billion dollar investment were stalled Monday after the two sides failed to make a breakthrough, an executive said.

Bangladesh's view that there was not enough gas for the project appeared to be behind the failure of the weekend talks.

"The government has not said no to us. Equally they have not said we can dedicate two trillion cubic feet (of) gas to you," said Alan Rosling, Tata group's executive director, after meetings with top bureaucrats of the country's military-backed government.

"Clearly, the basis of steel and chemical plants we proposed was gas-based," added Rosling, the group's executive director.

"And we always said: it is simple. If gas is...