Exploration & Production

Bangladesh in talks to Sinopec over Chittagong gas exploration

Bangladesh Petroleum Exploration & Production Company (BAPEX) is in talks with China’s Sinopec about beginning gas exploration in four structures in the Chittagong Hill Tracts region, in order to boost the area’s gas supplies, Mortuza Ahmad Faruque, managing director of BAPEX, told Interfax today.
By Sara Stefanini 5 July 2011 0 332

Bangladesh Petroleum Exploration & Production Company (BAPEX) is in talks with China’s Sinopec about beginning gas exploration in four structures in the Chittagong Hill Tracts region, in order to boost the area’s gas supplies, Mortuza Ahmad Faruque, managing director of BAPEX, told Interfax today.

BAPEX is eager to begin exploring the Kotia, Joldi, Kafalong and Shitapara structures in the onshore Block 22 of Chittagong Hill Tracts in the next year, according to Faruque. The area is estimated to have at least 3 trillion cubic feet (84.96 billion cubic...