State Minister for Power, Energy and Mineral Resources Nasrul Hamid today formally announced Zakiganj as the country’s 28th gas field – having 68 billion cubic feet of gas reserve.
The state-owned Bangladesh Petroleum Exploration and Production Company (Bapex) made the discovery in June, but refrained from making any formal announcement as it was assessing the prospects of recovering gas from the drilled well at Ananadapur village in Zakiganj upazila, Sylhet.
The formal announcement on the new gas discovery came at a webinar, organised by Energy and Mineral Resources Division to observe August 9 as National Energy Security Day marking the historic decision of Father of the Nation Bangabandhu Sheikh Mujibur Rahman to take over 5 gas fields in Sylhet region from multinational Shell Oil Company in 1975.
The state minister said the new gas field has a possible reserve of 68 billion cubic feet of gas to be extractable in next 12-13 years at 10 million cubic feet per day (MMCFD).
“The value of the entire reserve at the new gas field would be Tk 1,276 crore,” he added, saying that a 3D survey will be conducted to find the accurate position of the fossil fuel in the virgin field.
So far, 27 gas fields have been discovered in the country. The proven reserves in these gas fields are 21.4 TCF, with six more TCF potential reserves. There are only three TCFs left as proven stocks, and potential reserves are likely to be seven more TSFs.