Industries to get increased fuel within 15 months
Tuesday, 10 November 2009
US-based international oil company Chevron starts survey for installing a compressor in the national gas grid that generates hope in the country's energy-starved power, fertiliser and industry sectors for getting enhanced fuel supply within little over a year, reports UNB.
Being set up at Muchai in Rashidpur gas field in Sylhet, this is one of three compressors Petrobangla is planning to install to gear up the gas supply into the national grid. After installation, it will immediately increase supply of gas by around 50-60 million standard cubic feet per day (MMSCFD).
The two others will be installed in Ashuganj and Elenga areas. Officials said when these three compressors would be built, additional daily gas supply would be over 300 MMSCFD.
For more than last three years, country's power, fertiliser and other industries have been hamstrung by severe gas crisis. Low pressure in gas supply had adversely affected industrial production.
Textile and garment sectors are the worst victims of the gas crisis. In recent days, a number of textile units and garment factories were forced to shut down because of low pressure in the fuel supply.
The country's gas grid needs a total of three gas compressors at three points to overcome the low pressure-related impediments. Petrobangla officials expressed the hope that the Muchai Compressor project would be the first significant step towards removing the prevailing low-pressure problem in gas supply.
Chevron will install the gas compressor at a cost of US$52.4 million under a deal with the state-owned petroleum corporation, Petrobangla.
The project's cost, however, will be recovered by the Chevron in compliance with its production-sharing contract (PSC) with Petrobangla.
Being set up at Muchai in Rashidpur gas field in Sylhet, this is one of three compressors Petrobangla is planning to install to gear up the gas supply into the national grid. After installation, it will immediately increase supply of gas by around 50-60 million standard cubic feet per day (MMSCFD).
The two others will be installed in Ashuganj and Elenga areas. Officials said when these three compressors would be built, additional daily gas supply would be over 300 MMSCFD.
For more than last three years, country's power, fertiliser and other industries have been hamstrung by severe gas crisis. Low pressure in gas supply had adversely affected industrial production.
Textile and garment sectors are the worst victims of the gas crisis. In recent days, a number of textile units and garment factories were forced to shut down because of low pressure in the fuel supply.
The country's gas grid needs a total of three gas compressors at three points to overcome the low pressure-related impediments. Petrobangla officials expressed the hope that the Muchai Compressor project would be the first significant step towards removing the prevailing low-pressure problem in gas supply.
Chevron will install the gas compressor at a cost of US$52.4 million under a deal with the state-owned petroleum corporation, Petrobangla.
The project's cost, however, will be recovered by the Chevron in compliance with its production-sharing contract (PSC) with Petrobangla.