The government has planned to drill two exploratory and development wells (Titas-32 and Titas-33) in Titas, the country's largest domestic gas production field. The cost of this project has been estimated at 592 crore taka. Once operational, the two wells will add about 30 million cubic feet of gas daily to the national grid.
Implemented under the Energy and Mineral Resources Division of the Ministry of Power, Energy and Mineral Resources, the project will be executed by Bangladesh Gas Fields Company Limited (BGFCL), a company of Petrobangla. The implementation period of the project has been set from October 2026 to September 2029.
Out of the total project cost, 414.40 crore taka will come from government financing and 177.60 crore taka will be provided from the company's own funds. In addition, it is expected to get about 30 million cubic feet of gas and 18 barrels of condensate daily from the two wells in Titas.
Reported by 5 outlets. See the original sources below for full details.
This summary was generated automatically from the original reports. Check the original sources for full details.
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