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Gas exploration in Bangladesh

Over the last 20 years, Bangladesh consumed about 13 trillion cubic feet (TCF) of gas. During the same period, only less than two TCF of new gas reserve was discovered. The number of exploration wells drilled during this time was merely 22, implying an average of about one well drilled per year. This is a prime example, by any standard, of a very underexplored country which has seen major gas discoveries in the past and has been rated highly for further gas prospects. With the world adopting the latest technological innovations in petroleum exploration, Bangladesh needs to open its door to invite and apply the marvels of the advanced technology to explore its true hydrocarbon potential.

Why is gas exploration stalled in Bangladesh?

Over the last 20 years, Bangladesh consumed about 13 trillion cubic feet (TCF) of gas. During the same period, only less than two TCF of new gas reserve was discovered. The number of exploration wells drilled during this time was merely 22, implying an average of about one well drilled per year. This is a prime example, by any standard, of a very underexplored country which has seen major gas discoveries in the past and has been rated highly for further gas prospects. With the world adopting the latest technological innovations in petroleum exploration, Bangladesh needs to open its door to invite and apply the marvels of the advanced technology to explore its true hydrocarbon potential. This view has been expressed by a pool of international geoscientists from Canada, USA, Australia, Bangladesh and other parts of the world with the common link among them being their Bangladeshi origin. The speakers met virtually on the Mir Moinul Hoque Memorial Lecture Forum , exchanging views on t

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