Russia, Bangladesh construct exploration wells on Bhola Island

GAZPROM

A delegation from Gazprom (L) meets with a delegation from Petrobangla (R) in Moscow, Russia, April 14, 2017.

Gazprom builds 15 exploratory and development wells in Bangladesh in four years


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Gazprom and Bangladesh’s Petrobangla discussed the further implementation of the contract for the construction of two prospecting and exploratory wells on Bhola Island in the south of Bangladesh, the Russian gas monopoly said.

Gazprom CEO Alexei Miller and Bangladesh’s Foreign Minister Abul Hassan Mahmood discussed the prospects for cooperation in oil and gas prospecting, exploration and development at a meeting in Moscow on April 14.

The parties expressed their appreciation for Gazprom’s efforts in Bangladesh, the Russian gas giant said in a press release. It was noted that Gazprom had built 15 exploratory and development wells at seven fields in the country since 2013.

Gazprom’s main partner in Bangladesh is Petrobangla, a state-owned corporation engaged in oil, gas and mineral resource-related activities. In 2012 and 2015, Gazprom and Petrobangla inked the contracts to build exploratory and development wells at a number of gas fields in Bangladesh. In 2017, Gazprom and Petrobangla signed the contract to construct two prospecting and exploratory wells on Bhola Island in the south of Bangladesh.

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