The Petrobangla Monday once again cautioned Niko Resources that it will have to face legal action if the Canadian company stops gas supply from its Feni field, official sources said, reports BDNEWS. The state-owned oil, gas and mineral resources corporation informed the energy junior that a committee will soon finalise the price of Niko gas being supplied from Feni. However, no timeframe has been given. Petrobangla's caution to Niko came after its senior officials held a meeting with Energy Adviser Mahmudur Rahman earlier on the day. Regarding Niko's ultimatum that it will stop gas supply from Feni if the price is not determined by 4pm Tuesday, the Petrobangla told the international oil company that it has no legal right of halting gas supply.
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