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Bangladesh Reveals Epic Find: New Gas Field Discovered in Bhola

Inspenet.

Published: May 22, 2023

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Inspenet, May 22, 2023

The Bangladeshi government announced the discovery of a new gas field in the southern district of Bhola.

Bangladesh Minister of State for Power, Energy and Mineral Resources Nasrul Hamid has formally announced Bhola’s Ilisha-1 field as the country’s 29th gas field.

1847 Bangladesh gas shutterstock interna 1

Ilisha-1, in Bangladesh, has a daily production of 20 million cubic feet of gas and an estimated reserve of 200 billion cubic feet

Ilisha-1’s daily production is around 20 billion cubic feet, Hamid said, adding that it is believed to have a reserve of 200 billion cubic feet of gas. The entire Bhola area, including Ilisha-1, has a reserve of 3 trillion cubic feet of gas.

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The gas field was discovered by the state-owned Bangladesh Petroleum Exploration Company (BAPEX) , which discovered more than a dozen small to medium-sized gas fields.

Bangladesh previously had 28 gas fields, the latest at Zakiganj in Sylhet, some 240km northeast of the capital Dhaka, discovered in August 2021.

The country’s 27th gas field was also discovered in Bheduria of Bhola, an island off the coast covering an area of 3,403.48 square kilometers and some 205 kilometers south of the capital Dhaka, which has hundreds of thousands of million cubic feet of reserves.