The gas sector of Bangladesh has been in the process of expanding over the past decade. As a result, there are currently 27 gas fields which are operational and supplying the nation with much needed natural gas. No matter whether it is used for cooking or industries, further development in gas sector is a must. To this end, a new entrepreneur-friendly PSC (Production Sharing Contract) in the energy sector has been formulated.
According to a report published in this daily, the country’s gas production capacity has increased twofold over the past 11 years with the discount of four new gas fields during the period. This stride in the gas sector is quite encouraging to say the least and can be considered insurance for further expanding the gas sector to the remote and untapped areas of the country.
This stride in the gas sector is quite encouraging and
is an insurance
for further expanding the sector to the
remote and untapped areas of the country
Once the limitation of pipeline is overcome, the country’s gas output to the national grid will increase. As per experts, the government has been working relentlessly to ensure the fulfilment of the demand for energy to achieve the present government-declared Vision-2021 and Vision 2041.
On the other hand, as there is no gas supply directly to the northern regions namely, Rangpur, Nilphamari, Pirganj and the adjacent areas, this new expansion in the gas sector will help expand industry infrastructure in the area and also ensure supply of gas for the households. Also, considering the demand hike for LPG, state-owned LP Gas Limited is going to set up an LPG plant having production capacity of one lakh tonnes per year in Chattogram.
We are hopeful that this expansion will also ensure the greatest amount of gas coverage for the country. However, it would be prudent if the required procedures can be finished as soon as possible so that the country advances further in the direction of energy self-sufficiency.