Gas crisis: Suffering to intensify in future, production decreases13 Jan 2025 16:42
The country needs an emergency source of energy to get business up and running,it needs the phulbari coal firing every power station that it can feed……the article below explains the state of the gas promise by Fouzel,it’s hollow and the country is not capable of boosting home grown gas for years……….we are really in a sweet spot to ease the suffering of a country that’s been run by greedy idiots for the last 14yrs……once these incompetent tree huggers pack a bag we can talk business?
The government does not have much activity in offshore oil and gas exploration. No company responded to the last open tender. Now Petrobangla is preparing to invite tenders again. There is no chance of discovering offshore gas fields in the next few years. There is not much momentum in onshore exploration of new gas fields. The work of increasing production by drilling new wells in old gas fields is progressing slowly. Although 50 wells were supposed to be drilled by 2025, only 16 have been drilled in three years.
Mohammad Saiful Islam, secretary of the energy and mineral resources division, told Prothom Alo that the gas crisis cannot be solved overnight. Production is decreasing, the capacity to import LNG is also limited; and the price of LNG is also increasing. There is no quick fix other than increasing production in the country. Therefore, short, medium and long-term plans are being made with emphasis on exploration and production.
https://en.prothomalo.com/bangladesh/hp7orwe5gp