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Dhaka urges Islamabad to give reports on oil, gas explorations before 1971

Sunday, 25 November 2007


FE Report
Bangladesh has requested Pakistan for an access to geological and geophysical drilling data and reports of oil and gas explorations conducted before 1971 lying with the Geological Survey of Pakistan (GSP) and Oil and Gas Development Company (OGDC), a Pakistani newspaper reported.
Bangladesh has also sought help from Pakistan in identification and development of mineral based industries and has asked for provision of data and sharing of expertise and experiences in the utilisation of mineral resources.
"Bangladesh has also requested Pakistan for support of GSP and sharing of expertise and experiences of Pakistan for development of seismic monitoring system and mapping activities of active defaults in Bangladesh," the Daily Times, Pakistan reported Saturday.
Pakistani side has assured the Bangladesh government that geological, geophysical data in respect of some areas of Bangladesh (former East Pakistan) are available in the directorate general of Petroleum Concessions, Petroleum and Natural Resources ministry and Pakistan is ready to provide Bangladesh those data that would help for identification and development of mineral based industries in Bangladesh.
Pakistan has also informed Bangladesh that its embassy in Islamabad can collect the data to identify and develop the mineral based industries in Bangladesh.
Both countries are also likely to form a joint working group to oversee the interaction between the two countries regarding the cooperation for the development of mineral based industries in Bangladesh, the paper said.
Petroleum and Natural Resources ministry has conveyed to Bangladesh the name of senior joint secretary Jehangir Khan to represent in the working group on Pakistani side. In the joint working group, the experts would be included to recommend plans for development and utilisation of mineral resources in Bangladesh.
According to the documents, the requisite data and reports have been collected and compiled and are now ready for dispatching them to Bangladesh.
Natural gas is Bangladesh's most significant source of commercial energy and it is estimated to have proven gas reserves of 20 trillion cubic feet (tcf). The US Geological Survey has estimated that Bangladesh has an additional 32.1 tcf of undiscovered reserves. Analysts expect demand for natural gas to grow by about 6.0 per cent over the next 20 years.
According to an official in Petroleum Ministry, Pakistan has international level expertise and experience in the mineral based industries and can help Bangladesh explore the gas reserves.