ConocoPhillips' Audacity cannot be stopped by keeping the Democratic System Untouched; Only the Khilafah can uproot such Imperialist Organizations and their Local Lackeys
The notorious U.S. multinational energy corporation, ConocoPhillips' entrance into Bangladesh was an ominous sign. The company is infamous for having affiliated with Bush-Cheney's planning of illegally occupying Iraq and its oil fields in 2003. To secure her throne, in 2011 treacherous Hasina allowed the company to explore an area of 5,158 square kilometres of two deep sea blocks (DS 08-10 & DS 08-11) in the Bay of Bengal. After sparking many controversies during signing the contract, ConocoPhillips now wants the Bangladesh government to hike the gas price from 4.2 dollars per thousand CFT to 7.0 dollars. They also want the contract to be amended for the price to be increased at the rate of 2% every year. According to the local news media, Bangladesh would also have to bear the expense of the construction of 280km long pipeline if the government agrees to the amended conditions. Even though Hasina said in the past that she would not give in to foreign pressure for gas export and would only allow that after setting aside 50 years of gas reserve, she wriggled out of her promise to cause serious harm to the country in favour of ConocoPhillips. The existing contract has a provision for the company to export gas by converting it to Liquefied Natural Gas (LNG).