Business Report :
The government has a plan to drill nine more natural gas wells in Bhola by 2028 as part of its plan to intensify the country’s gas production efforts, Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan said on Friday.
“As part of our plan, we will drill five gas wells in the district by 2025 and more 14 wells by 2028 respectively,” he said while visiting Ilisha-1 gas field in Bhola.
The adviser said, “There is a shortage of gas in the country. As a result, huge amount of foreign currency has to be spent on importing gas. Now we need 4,000 mmcfd of gas. But we are now getting only 2,000 mmcfd against the demand.”
“We are currently importing gas from various countries spending huge amount of foreign currencies. LNG (Liquefied Natural Gas) is being imported annually at a cost of Tk6,000 crore to meet the shortfall.