Gas Demand in Bangladesh to Rise 15% This Fiscal

Natural gas demand in Bangladesh during the current fiscal is expected to rise by 15.18 % to 1.222 trillion cubic feet (Tcf), as per state owned Petrobangla’s estimates.

Deficit in supply would remain as maximum supply would be around 1.111 Tcf, even if all its gas production plans are executed properly, Financial Express quoted a senior Petrobangla official as saying.

Petrobangla has set a target to increase natural gas output by 297 million cubic feet per day (mmcfd) within the next six months, the newspaper said.