Bapex finds new gas reserve

Bangladesh Petroleum Exploration Company (Bapex) has discovered a new reserve of a significant amount of natural gas in Bhola, a district of the country's southern region.

The new gas reserve, which is found in Bheduria union of Bhola district, is estimated to have 600 billion cubic feet (bcf) natural gas, reports BSS.

“With this reservoir, the total gas reserve in Bhola now stands at 1.5 trillion cubic feet (tcf),” cabinet secretary Shafiul Alam told a press briefing.

Shafiul was briefing the media following the weekly meeting of the cabinet at prime minister's office (PMO) with prime minister Sheikh Hasina in the chair.

The cabinet secretary said Bapex hoped getting more gas in the district, with carrying out more exploration work there.

According to Petrobangla, the country has 26 gas fields with remaining reserve of 13.60 TCF as of January 2016. The new gas field in Bhola will be the country's 27th gas reserve.