Page added on March 1, 2008
DHAKA, March 1 (Xinhua) — Bangladesh’s gas crisis may persist for next one decade as there is no immediate option for addressing the problem — neither through augmenting domestic production nor through import of the fuel, private news agency UNB reported Saturday.
The report cited experts in the hydrocarbon industry as saying that the demand-supply gap will continuously be widening as the government failed to make a move in proper time considering the future situation.
At present, the country produces about 1,700 million cubic feet (mmcf) of gas per day against a demand for 1,800 mmcf. The shortage is about 100 mmcf a day.
The demand is growing at 8-10 percent per year while the output is not rising proportionately for constraints on the exploration side.
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