The government is “actively” considering to re-fix prices of fuel in
the country’s market due to fall of fuel price in international market,
State Minister for Power, Energy and Mineral Resources Nasrul Hamid said
today.
In reply to lawmakers’ queries in the parliament, the state minister
however did not say from when the reduced price will come into effect.
Nasrul, replying to another query, said the government with a view to
increasing gas production to meet the rising demand has a plan to dig
57 exploration gas wells, 43 development wells and work over of 20 wells
by 2021.
The government expects producing an approximate 1,078-1,240 million
cubic feet (mcf) natural gas per day from the said gas wells.
"The present demand for gas in the country is over 3,200 mcf per day, while the gas production is 2,740 mcf," he said.
The state minister said despite increase in the gas production, the deficit in the sector is 500 mcf per day.
Bangladesh Petroleum Exploration and Production Company Limited
(BAPEX) has been continuing 2-Dimension Seismic Survey in various areas
in the country to identify new gas structure, he said.
The BAPEX also is conducting 3-Dimension Seismic Survey to reevaluate
the existing stock of gas at various gas fields along with digging of
gas wells, he added.
