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6 more gas projects on cards under GDF

Saturday, 12 April 2014


The energy ministry has worked out a plan to implement six more gas projects involving Tk 12.37 billion under the Gas Development Fund (GDF), a special fund created by the government through consumers' money derived from increased gas price. While passing an order on increasing the gas price at consumers’ level in 2009, the energy watchdog asked the government to utilise the extra money received from the consumers by hiking price in the development of gas sector. Official sources said a recent high-level meeting at the energy ministry recommended the projects. Under the six projects, they said, three development and two appraisal wells will be drilled at different gas fields, while a compressor station will be set up and re-completion drilling work will be done in the Bakhrabad Gas Field, according to a news agency.