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
15 May 2024
Five years ago, Uzbekistan turned to a private company called Saneg to reverse the fortunes of its oil industry. Results so far are encouraging, and according to CEO Tulkin Yusupov, further progress is on the way
14 May 2024
But there is still plenty of appetite for the country’s LNG in the Asia-Pacific region
14 May 2024
The former CEO of Pioneer, Scott Sheffield, has opened a can of worms through his association with OPEC+ and its market management strategy
13 May 2024
OPEC+ has huge amounts of spare capacity amid a tightening market, but nothing can be taken for granted given unclear economic trajectories and geopolitical unrest