Private firm to supply gas from Bhola to industries

Business Desk :
The Cabinet Committee on Economic Affairs (CCEA) has approved in principle a proposal of the Energy and Mineral Resources Division to allow a private firm to supply gas in CNG (compressed natural gas) form the Bhola gas field.
As per the proposal, local firm Intraco Refuelling Station Ltd will initially supply 5.0 million cubic feet per day (MMCFD) gas and later 20 MMCFD gas to the private industries in Dhaka from Bhola gas field under the Sundarban Gas Company Limited (SGCL) under a 10 years contract.
Finance Minister AHM Mustafa Kamal presided over the meeting of the CCEA) on Thursday while other members attended it, reports UNB.
Bangladesh Petroleum Exploration and Production Company Limited (Bapex) has discovered the Bhola gas field. However, nothing was mentioned about the rate of the gas to be sold to the industries.
Both the Bapex and SGCL are subsidiaries of the state-owned Petrobangla, the principal petroleum corporation responsible for dealing with both upstream and downstream production and supply.
Petrobangla Chairman Zanendra Nath Sarker, however, recently said the surplus gas from Bhola fields will be supplied to factories in Dhaka, Gazipur and Mymensingh’s Bhaluka from early June this year.