Prime Minister Tarique Rahman has blamed Bangladesh’s growing dependence on imported fuel for the current energy crisis, saying state-owned gas exploration company BAPEX was deliberately weakened under the previous regime.
He made the remarks in Parliament on Wednesday (September 2).
The prime minister said the government has taken initiatives to drill 30 new gas wells, while work on seven others is already underway. Surveys are also being conducted to identify new gas reserves.
He said the government is also working to strengthen BAPEX by procuring two new drilling rigs and expanding gas exploration both onshore and offshore.
Tarique said discussions are underway with interested companies to establish a floating LNG terminal in deep sea waters at Kutubjom in Maheshkhali, Cox’s Bazar.
The proposed floating LNG facility, he said, would help ease the country’s energy shortage and reduce pressure on fuel supplies.