Bangladesh to drill 150 gas wells, build three LNG terminals

The ambitious energy development initiative aims to boost domestic gas production and enhance the country's liquefied natural gas capacity in the coming years. The project represents a significant investment in Bangladesh's energy security and infrastructure modernization.

The drilling programme will focus on increasing extraction from existing and new gas fields across the country's onshore and offshore reserves. This expansion is expected to supplement domestic supply and reduce the nation's reliance on imported energy resources.

The construction of three LNG terminals will enable Bangladesh to import and regasify liquefied natural gas, providing greater flexibility in meeting the country's growing energy demands. These facilities are designed to handle international LNG shipments and distribute gas to domestic consumers and industrial users.

The development plan reflects Bangladesh's strategy to diversify its energy sources while maximizing domestic reserves. Officials indicated that the project would require significant capital investment and international cooperation to achieve completion within the planned timeline.