Bangladesh hails 80bn ft³ gas find
New discovery should make a contribution to the South Asian nation’s energy security
Bangladesh’s state minister for power, energy and mineral resources Nasrul Hamid took the opportunity of the country’s national energy security day to confirm that state-owned Bapex has made a substantial gas discovery at Zakiganj in the Sylhet division bordering India in the far northwest. The minister hails the Zakiganj find as Bangladesh’s 27th gas discovery and estimates recoverable reserves at c.48bn ft³, based on a 60pc recovery rate of 80bn ft³ of gas initially at place in the discovery. The field should be able to produce 10mn ft³/d (0.3mn m³/d) for 12-13 years of production life. "The discovery of a new gas field on the eve of national energy security day and the Golden Jubilee of i
Also in this section
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift