Prime Minister's Energy Advisor Dr Tawfiq-e-Elahi Chowdhury has said that the international bidding for offshore oil and gas exploration will draw a huge response. "This round, we have introduced some new aspects like linking gas price with Brent and per year cost recovery at highest 75 percent to make the bidding
Tag: Exploration
Exploration of two gas wells to begin this year
Russian Ambassador to Bangladesh Alexander Mantytskiy has said exploration of two more wells is expected to begin this year, noting that recently the Gazprom International Investments B.V. launched drilling of a new well in the gas fields of Bhola Island. "Hopefully, this initiative will contribute to exploring the own mineral resources