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Country’s gas to be exhausted inside eight-9 years

The Daily Dawn

The country’s entire gas will be exhausted in the next eight-9 years, stated minister for electricity and energy nasrul hamid.

“all the fields within the united states will face entire depletion within eight-nine years because we don’t have any new discovery in recent years,” he stated while speaking at a press briefing on the energy and electricity ministry’s conference room to unveil the programmes marking the national strength security day.

this 12 months, the day can be determined on thursday.

the junior minister additionally stated that one or  gas fields have already got depleted and others are within the system of depletion.

“the country has a total of 23 gasoline fields at exceptional places which produce approximately 2,seven hundred million cubic toes of fuel per day (mmcfd) against the demand of 3,seven hundred mmcfd,” he said.

the government has undertaken a programme to drill 108 wells at distinctive gas fields to increase the fuel production, stated the minister.

thus far, drilling works for handiest 8 wells have offered to different contractors, but the result isn't very effective as each of those wells yields 15-20 mmcfd gas which is not fee effective.

he stated the plan for drilling the relaxation 100 wells are now being revisited as contractors are soliciting for $30 million that's costly.

nasrul hamid stated the worldwide strength market scenario is changing fast and new dynamics are arising with new ideas. “so, we’ve to take selections very cautiously. the government is now looking to import lng to fulfill the strength demand.”

the power department and its subsidiary our bodies chalked out complicated programmes to observe the day to commemorate the historic decision taken by way of bangabandhu sheikh mujibur rahman to take over operation of five gasoline fields from shell oil at a cost of 4.five million pound on august 9, 1975.

the national electricity security day programmes encompass bringing out rallies, sporting out a marketing campaign thru mobile cellphone sms for the financial use of energy and holding a seminar by means of petrobangla.

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