Bangladesh discovers a new gas field of 20 MMCFD capacity

Date:

Bangladesh has discovered a new gas field with the capacity to produce 20 million cubic feet of gas per day (MMCFD) at the Koilastila Gas field.

The Sylhet Gas Fields authorities have said that it will be possible to supply 17-19 million cubic feet of gas daily to the national grid from the newly discovered well number 6 by May 10. The production capacity of the well will last for several years. The remaining extractable gas reserves of the Lower Gas Sand Zone at Koilashtila Field are 758 billion cubic feet. They hope that the remaining gas will be produced through various wells in phases.

Koilastila Gas Field is one of the five gas fields purchased from the Shell Oil company by Bangabandhu Sheikh Mujibur Rahman in 1975 for just 4.5 million pounds which shows his foresight.

So far 7 wells have been drilled in the Koilastila gas field of Sylhet Gas Fields Limited (SGFL). Of these, 29 million cubic feet of gas is being produced daily from two running wells and supplied to the national grid.

The first gas field in Bangladesh was made in Sylhet in 1955. Bangladesh currently produces 2370 MMCFD from its 26 commercial gas fields out of which 85 percent comes from the top 4 gas fields. Bibiyana Gas Field and Titas Gas field are its major locations for production of gas. It is estimated that Bangladesh has a remaining gas reserve of 11 trillion cubic feet.

━ related

Cyclone Biparjoy: India Issues Alerts as Severe Weather System Approaches

India has issued alerts and initiated precautionary measures as Cyclone Biparjoy intensifies and approaches coastal areas. With the potential for strong winds, heavy rainfall, and storm surges, authorities are taking proactive steps to ensure the safety of residents, evacuate vulnerable areas, and provide necessary support and resources to mitigate the impact of the cyclone.

International Day for the Fight Against Illegal, Unreported, and Unregulated Fishing 2023: A Global Call to Preserve Oceanic Resources

The International Day for the Fight Against Illegal, Unreported, and Unregulated (IUU) Fishing is observed on [date] each year to raise awareness about the detrimental impact of IUU fishing practices on marine ecosystems and coastal communities. This day serves as a reminder of the urgent need for international collaboration and stringent measures to combat IUU fishing and ensure sustainable management of our oceans.

Dennis Francis Elected 78th UNGA President: A New Leadership for Global Diplomacy

Dennis Francis, a respected diplomat, has been elected as the 78th President of the United Nations General Assembly (UNGA). His appointment brings fresh leadership and a commitment to fostering international cooperation, addressing global challenges, and advancing the agenda of peace, development, and human rights.

Regulator Directs SBI Life to Take Over Sahara Life Policies: Ensuring Stability and Protection for Policyholders

In a regulatory move, SBI Life Insurance has been directed to take over the policies of Sahara Life Insurance, ensuring continuity and safeguarding the interests of policyholders. This directive by the regulatory authority aims to maintain stability in the insurance sector and provide assurance to customers amidst the transition.

UAE to Host World’s Largest Conservation Conference in 2025: A Global Initiative for Environmental Preservation

The United Arab Emirates (UAE) has been selected as the host country for the world's largest conservation conference in 2025. This prestigious event will bring together experts, policymakers, and environmental enthusiasts from around the globe to address pressing conservation challenges, exchange knowledge, and forge new partnerships in the pursuit of a sustainable future.