Petrobangla Ups Exploration To Head Off Gas Shortage

摘要

BMI View: State-run Petrobangla's intensifying exploration effor comes amid worsening gas shortages. In addition to increased state-led exploration efforts, Bangladesh will look to IOCs working in the country and a planned 5mn tpa foating LNG terminal to meet soaring demand. Bangladesh's state-run Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) is to boost its gas exploration efforts, with an eye on nearly doubling production by 2015, as the government copes with worsening gas shortages, the company's chairman, Mohammad Hussain Monsur, told Reuters on November 19.