Gazprom Begins Drilling 3rd Well in Bangladesh Gas Field

Gazprom has started drilling the third well in Bangladesh's Begumganj gas field after drilling Srikail-3 and Titas-20 wells under its 10-well drilling programme, Financial Express newspaper said citing officials.

The Russian firm has begun supplying gas commercially in Bangladesh couple of weeks ago from Srikail-3 onshore well, Petrobangla chairman Hussain Monsur told the Financial Express.

The Srikail well is supplying around 19 million cubic feet per day (mmcfd) of gas to the national grid. The well has a potential to supply up to 30 mmcfd of gas, the newspaper reported.

But the Srikail-3 well, owned by state-owned Bangladesh Petroleum Exploration and Production Company Ltd (Bapex), has the potential to supply up to 30 mmcfd of gas, said a Petrobangla official.

Gazprom is the first foreign oil and gas company engaged in operation in Bangladesh on a contract basis. Other international oil and gas companies active in Bangladesh operate under production-sharing contracts or in joint venture with Bapex.