20 mmcfd gas to be added to national grid
Friday, 16 July 2010
Jashim Uddin
Brahmanbaria, July 15: Bangladesh Gas Fields Company Limited (BGFCL) inaugurated the work-over of Titas well 12 Wednesday to add above 20 million cubic feet daily (mmcfd) natural gas to the national grid.
The work-over is likely to be completed by end of next month (August).
High officials of BGFCL and the project were present on the occasion.
Total estimated cost of the project is Tk 350 million (Tk 35.00 crore) under the self-financing programme of BGFCL.
BAPEX, the state run gas exploration company, is completing the all work of BGFCL as a drilling contractor.
To meet the growing gas demand of the country, BGFCL has undertaken various development activities for augmenting gas production. It took nine projects at a cost of above Tk 23.50 billion. BGFCL meets Tk 5.70 billion of total amount from its self-financing fund.
A fresh natural gas amounting to 25 mmcfd has been added to the national grid from Bakhrabad well 2 and Titas well 14 of BGFCL after completing the wells work-over from last year, sources also said.
BGFCL added above 33 mmcfd natural gas to the national grid from well after the successful completion of work-over from July 6 of the year 2010. Total estimated cost was Tk 195.00 million under the self-financing programme of BGFCL.
BGFCL has adopted a vigorous augmentation plan under "Fast Track Programme" to increase gas production from six wells of Titas field Gas Fields to add 160 mmcfd gas in 2011.
Besides, in view of producing 10-mmcfd gas , the company took the plan to drill the new well of Bakhrabad Gas Fields in 2012, official sources said.
Presently, this raises the overall production of BGFCL to 740-742 mmcfd of natural gas from 30 wells of its producing fields against the country's total gas production capacity of 1960 mmcfd.
BGFCL meets more than 40 percent of country's natural gas demand, sources also added. BGFCL has been contributing to the national economy by paying considerable amounts to the public exchequer every year through natural gas production, sources added.
The company is entrusted with production of natural gas, processing of gas to pipeline quality and supplying of gas to transmission systems.
BGFCL is a state owned company of Petrobangla. It is the largest gas production company in the country and owns six gas fields, namely, Titas, Hobigonj, Bakhrabad, Narsingdi, Meghna and Kamta gas fields.
Brahmanbaria, July 15: Bangladesh Gas Fields Company Limited (BGFCL) inaugurated the work-over of Titas well 12 Wednesday to add above 20 million cubic feet daily (mmcfd) natural gas to the national grid.
The work-over is likely to be completed by end of next month (August).
High officials of BGFCL and the project were present on the occasion.
Total estimated cost of the project is Tk 350 million (Tk 35.00 crore) under the self-financing programme of BGFCL.
BAPEX, the state run gas exploration company, is completing the all work of BGFCL as a drilling contractor.
To meet the growing gas demand of the country, BGFCL has undertaken various development activities for augmenting gas production. It took nine projects at a cost of above Tk 23.50 billion. BGFCL meets Tk 5.70 billion of total amount from its self-financing fund.
A fresh natural gas amounting to 25 mmcfd has been added to the national grid from Bakhrabad well 2 and Titas well 14 of BGFCL after completing the wells work-over from last year, sources also said.
BGFCL added above 33 mmcfd natural gas to the national grid from well after the successful completion of work-over from July 6 of the year 2010. Total estimated cost was Tk 195.00 million under the self-financing programme of BGFCL.
BGFCL has adopted a vigorous augmentation plan under "Fast Track Programme" to increase gas production from six wells of Titas field Gas Fields to add 160 mmcfd gas in 2011.
Besides, in view of producing 10-mmcfd gas , the company took the plan to drill the new well of Bakhrabad Gas Fields in 2012, official sources said.
Presently, this raises the overall production of BGFCL to 740-742 mmcfd of natural gas from 30 wells of its producing fields against the country's total gas production capacity of 1960 mmcfd.
BGFCL meets more than 40 percent of country's natural gas demand, sources also added. BGFCL has been contributing to the national economy by paying considerable amounts to the public exchequer every year through natural gas production, sources added.
The company is entrusted with production of natural gas, processing of gas to pipeline quality and supplying of gas to transmission systems.
BGFCL is a state owned company of Petrobangla. It is the largest gas production company in the country and owns six gas fields, namely, Titas, Hobigonj, Bakhrabad, Narsingdi, Meghna and Kamta gas fields.