he “Bhola Gas Field Outlook and Energy Security” seminar, organised by the Forum for Energy Reporters Bangladesh (FERB), was held on 3 March in Dhaka, Bangladesh.
The seminar was attended by the leading scientists and experts in Bangladesh, executives of major energy companies, representatives of industry-specific state authorities, and the media. Gazprom International was represented by Sergey Tumanov, Managing Director, Nikita Shut, Director of Gazprom International's representative office in Bangladesh, Yuri Aleksakhin, Head of Exploration Section, and Alexander Abramovich, Head of Field Development Section.
Conference attendees discussed the outlook for oil and gas potential of Bhola Island in the southern part of the country, with specific focus on the new opportunities for Bangladesh economy that are presented by commissioning the Shahbazpur East and Bhola North fields. The construction of wells at both fields was completed by Gazprom International in November 2017 and February 2018 as part of a service contract.
According to Prof. Badrul Imam from the University of Dhaka, the estimated recoverable reserves of these fields are 1.2-1.5 trillion ft³ (34-42 billion m³) of natural gas. In his opinion, the Bhola field and adjacent southern areas offer huge untapped potential, and the government should intensify geological exploration in this region.
“For us, Gazprom was a herald of good luck at Bhola”, said Tawfiq-e-Elahi Chowdhury, Energy Adviser to the Prime Minister of Bangladesh, in his presentation. He spoke about government plans concerning the cluster of Bhola fields. He says that plans are to transport gas from Shahbazpur East and Bhola North to the mainland and use it for electricity production and industrial purposes.
In his speech at the seminar, Sergey Tumanov, Managing Director of Gazprom International, expressed his appreciation to the Bangladeshi party for their fruitful long-term collaboration and noted that since 2012 the Gazprom operator has participated in the design and construction of many wells at the gas fields in Bangladesh. Over six years (2012-2018) the company has designed and constructed 17 exploration and production wells at eight fields in Bangladesh. As a result, approximately 8 million m³ of gas is supplied daily to the national energy system. This accounts for about 13% of the total gas production in Bangladesh.
As noted by the experts, in general the prospects for natural gas production in the country became clear only after the fields on Bhola Island were discovered. Test results offer an optimistic view of the outlook for development of hydrocarbon production in the country.
Shahbazpur East-1 and Bhola North-1 wells were drilled in the scope of the third stage of a project that commenced in August 2017. Following on-site tests, commercial gas influx reached more than 900,000 m³ per day.
According to the national oil and gas corporation Petrobangla, the total proven hydrocarbon reserves in Bangladesh are more than 15 trillion ft³ (more than 400 billion m³); annual natural gas production is approximately 27 billion m³, while current demand exceeds 30 billion m³.
FERB is a non-governmental body of journalists established in 2002. The key tasks of FERB are to improve journalists' knowledge in the energy industry, share industry information, strengthen and develop internal and external relations with state authorities and the expert community, exchange opinions, and identify and discuss the major issues in the fuel and energy sector.