Bangladesh is going through the worst gas supply shortfall in recent history
In Bangladesh, natural gas has been predominant in the energy mix for decades.
ExxonMobil proposal should be considered with calculated speed.
Geoscientists have long been suggesting that significant gas resources still remain underground in the country, and the present gas demands may well be met through extracting our own gas.
"It is time for us to ask how much we have been able to recover from the energy crisis."
The energy sector was made LNG-dependent despite repeated warnings about it by experts.
All studies done by international and national agencies are in agreement that Bangladesh still has a significant amount of undiscovered gas under the ground.
The excuse that the present gas crisis and the consequent decline in power generation are solely the results of the Russia-Ukraine war is not entirely justified.
The pace at which renewable energy including solar and wind is being developed worldwide suggests that these will overtake the fossil fuels (oil, gas, coal) as dominant sources in power generation in a shorter time frame than previously forecasted. In mid-1990s renowned energy experts predicted that oil, gas and coal will remain the predominant fuel for power generation until 2030.
In Bangladesh today there are visible plans of a changed landscape in the energy and power sectors. In fact, the country stands at a crossroads of major transition from an underdeveloped energy sector to a more developed one—from a mainly local gas-based mono-energy status to multiple sources in the energy mix.
In an unexpected manner, Chevron, the world's third largest oil company, has been on the move to quit Bangladesh, where it holds three gas fields ...
In a recently held international conference sponsored by Bangladesh Chamber of Commerce and Industry (DCCI), Mr. Anders
Recent media report on the possibility of a giant earthquake in Bangladesh that could put millions at risk and make Dhaka unliveable, as per a research study..
In reality, the expected gas richness has not been visible because of the lack of exploration. Far more exploration needs to be carried out in order to unravel its true gas potential.
BANGLADESH has been overwhelmingly dependent on her own natural gas for a long time. Imported fuel has been a