Gas Crisis in Bangladesh
Natural gas in Bangladesh
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This article includes a list of references, related reading or external links, but its sources remain unclear because it lacks inline citations. (April 2012)
This article is written like a personal reflection or essay rather than an encyclopedic description of the subject. (April 2012)
This article may need to be wikified to meet Wikipedia 's quality standards. (April 2012)
The presence of Natural Gas in Bangladesh has been established through exploration by Bangladesh’s public energy company, Petrobangla, and more recently international oil and gas companies (IOCs) have established the existence of a significant energy source.
Contents
[hide]
• 1 Estimated reserves
• 2 The domestic natural gas industry
• 3 References
• 4 External links
[edit]Estimated reserves
In recent years, several trillion cubic feet (TCF) of natural gas have been added to the confirmed 10.5 TCF known as of 1996. Due to the fact that there has been comparatively little exploration to date, estimates of the total extractable natural gas resource in Bangladesh are uncertain and vary widely. An estimate of 20 TCF is gaining acceptance among experts, but some argue that experiences in comparable basins elsewhere in the world suggest that the ultimate recoverable resource could be as high as 50 TCF or even 100 TCF.
At the current rate of natural gas use in Bangladesh (1000 mmcfd), the current estimated proven reserves would last 45 years. Even if the present rate of use increases at 10 per cent per year, these reserves would last about 17 years. A reserve-production Reserves-to-production ratio of 17 is higher than that for most industrial countries heavily dependent on natural gas, examples beingNorway, Canada, U.S., and U.K. Here only the R/P ratio of gas is being considered for comparison. Relative to
From Wikipedia, the free encyclopedia This article has multiple issues. Please help improve it or discuss these issues on the talk page.
This article includes a list of references, related reading or external links, but its sources remain unclear because it lacks inline citations. (April 2012)
This article is written like a personal reflection or essay rather than an encyclopedic description of the subject. (April 2012)
This article may need to be wikified to meet Wikipedia 's quality standards. (April 2012)
The presence of Natural Gas in Bangladesh has been established through exploration by Bangladesh’s public energy company, Petrobangla, and more recently international oil and gas companies (IOCs) have established the existence of a significant energy source.
Contents
[hide]
• 1 Estimated reserves
• 2 The domestic natural gas industry
• 3 References
• 4 External links
[edit]Estimated reserves
In recent years, several trillion cubic feet (TCF) of natural gas have been added to the confirmed 10.5 TCF known as of 1996. Due to the fact that there has been comparatively little exploration to date, estimates of the total extractable natural gas resource in Bangladesh are uncertain and vary widely. An estimate of 20 TCF is gaining acceptance among experts, but some argue that experiences in comparable basins elsewhere in the world suggest that the ultimate recoverable resource could be as high as 50 TCF or even 100 TCF.
At the current rate of natural gas use in Bangladesh (1000 mmcfd), the current estimated proven reserves would last 45 years. Even if the present rate of use increases at 10 per cent per year, these reserves would last about 17 years. A reserve-production Reserves-to-production ratio of 17 is higher than that for most industrial countries heavily dependent on natural gas, examples beingNorway, Canada, U.S., and U.K. Here only the R/P ratio of gas is being considered for comparison. Relative to
References: 2. ^ Dhaka Clean Fuel Project: Bangladesh at Asian Development Bank 3. ^ Lisa Schroeder (March 25, 2009) "Natural Resources of Bangladesh". Retrieved May 17, 2012. "Bangladesh University of Engineering & Technology". Retrieved May 17, 2012. "Natural Gas Options for Bangladesh". Retrieved May 17, 2012. "Natural gas reserve estimates vary widely for Bangladesh". Retrieved May 17, 2012.