Govt plans to invite int’l bidding for oil, gas exploration

After floating bids for offshore oil and gas exploration, Petrobangla now plans to invite international bidding for onshore hydrocarbon exploration. "We're now working on preparing the bidding documents for onshore oil and gas exploration," said Petrobangla Chairman Zanendra Nath Sarker while speaking at a workshop of the energy reporters at Petrocentre

New gas exploration begins amid severe shortage

Amid criticism that the government has not done enough to explore new gas sources in recent years Petrobangla has started exploration work at Beanibazar and its neighbouring Baralekha and Kanaighat upazilas under Sylhet Gas Field Ltd, officials say. Mizanur Rahman, Managing Director of Sylhet Gas Field, said on Thursday that

Accelerate gas exploration to overcome energy crisis: ICCB

Bangladesh should move faster with its exploration activities both on-shore and off-shore to replace expensive LNG with its own natural gas reserve as long as such a resource base is scientifically reckoned, said the International Chamber of Commerce-Bangladesh (ICCB). Dependence on LNG imports may work out in the short-term, but in