The discovery has boosted morale of officials of the State-run Bangladesh Oil, Gas and Mineral Corporation (Petrobangla), the parent company of Bapex, who are hoping that other oil fields may be found in similar gas fields across the country.
Authorities in cricket-crazy Bangladesh on Thursday asked fertiliser factories to halt production in a bid to divert gas supply to power plants and ensure an uninterrupted electricity supply ahead of the Twenty20 World Cup.
Back of the envelope calculations put government expense on each of the new schemes promised by the DMK and the AIADMK at tens of thousands of crores. But then, neither party has said how they are going to also address the mounting debt burden either, says N Sathiya Moorthy.
Bangladesh currently faces a daily shortfall in gas supplies of 500 million cubic feet
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