Prime Minister Tarique Rahman has unveiled a fi vepoint strategy to address Bangladesh’s energy crisis by boosting domestic gas production, intensifying exploration, strengthening BAPEX, expanding LNG infrastructure and reducing dependence on imported gas.
Replying to a question in Parliament recently, the Prime Minister said the government had adopted an integrated plan to build a more self-reliant and sustainable energy system.
Under a program to drill and rework 150 wells, 30 have already been completed, adding around 140 MMCFD of gas to the national grid.
Seven more wells are under drilling and are expected to add another 85 MMCFD.
The government also plans 4,500 line-km of 2D and 4,200 sq km of 3D seismic surveys to identify new gas reserves.
Tarique said BAPEX would be strengthened through measures including the procurement of two new drilling rigs.
The Offshore Model PSC 2026 has been approved and bidding invited, while the Onshore Model PSC is awaiting approval.