All studies done by international and national agencies are in agreement that Bangladesh still has a significant amount of undiscovered gas under the ground.
International oil companies will now be able to export gas explored from Bangladesh’s offshore blocks in the Bay. The government has reintroduced the provision for export of gas by the drilling companies in the Offshore Model PSC 2019. This will not be applicable for onshore blocks.
All studies done by international and national agencies are in agreement that Bangladesh still has a significant amount of undiscovered gas under the ground.
International oil companies will now be able to export gas explored from Bangladesh’s offshore blocks in the Bay. The government has reintroduced the provision for export of gas by the drilling companies in the Offshore Model PSC 2019. This will not be applicable for onshore blocks.