A delegation from the People's Republic of Bangladesh, headed up by the Deputy Minister for Development (Energy and Mineral Resources Department), Mohammad Saiful Alam, visited Gazprom International's Moscow offices on 24 September. Amongst the members of the Bangladeshi delegation were: Molla Mohammad Hussein (director for production and development at the international state oil-and-gas Corporation, PetroBangla), Mohammad Amjad Hussein (director of production for BAPEX, a subsidiary of PetroBangla), and representatives of other enterprises in the PetroBangla group.
During negotiations, the parties discussed technical issues connected with the execution of contracts to drill ten operational wells in Bangladesh.
These documents were signed by the companies in Dacca in April this year. As part of their visit, on 27 September the guests from Bangladesh visited well 74-E in the West Pinenkov deposit in the Samara region, where they got up to speed with the progress of the drilling work being carried out by the ERIELL service group.
In particular, the specialists examined the drilling rig, which is similar to the one that must be used in Bangladesh under the conditions of the contracts.
The members of the Bangladeshi delegation rated Russia's role in the establishment of industry in their country highly, and expressed hope for successful implementation of this joint project which, in their opinion, will make a noticeable contribution to resolving Bangladesh's energy problems.
Bangladesh has a critical need to increase production of its own natural gas, which is used mainly for power plants and factories producing mineral fertilisers.
The country's current need for gas is estimated to be 21 billion cubic metres, with its own production amounting to around 18 billion, and in addition the volume of procured gas is gradually going down.
No work on prospecting and exploration of new deposits in the Republic has been conducted in the last ten years, so in this regard the country's government has begun a programme to drill new operational wells.
In accordance with the two signed contracts, Gazprom International will plan and drill 10 operational wells to a depth of from 2900 to 4050 metres in the Titas (four wells), Rashidpur, Semutang, Begumganj, Shrikail and Shakhbazpur (two wells) deposits.
Drilling of the first Titas-20 well must start at the end of this year/beginning of next year.