Not just that, as per official evaluations (PSMP2016), dispersion of the imported LNG will step by step be expanded, so by 2020, it will be 1.2 billion of day by day and by 2030 the everyday supply will be 2.2 billion CFT. By 2040 this will be 4.2 billion CFT every day.
LNG is generally conditioned cordial and is in abundant supply in the worldwide market. Nonetheless, it is an exorbitant fuel. Japan, Korea, and other monetarily created nations utilize imported LNG broadly without their own fuel. Restricted import of LNG by Bangladesh might be legitimized as a brief measure to determine the quick gas emergency. In any case, if Bangladesh ends up subordinate for a long haul on the import of exorbitant LNG, this will verifiably negatively affect the economy. Bangladesh's gas fields should be investigated to take advantage of the current gigantic potential.
In light of the overarching conditions, it should be seen exactly how exorbitant LNG is and how this will impact the nation's cost structure. As per Petrobangla, the normal cost of gas delivered in the nation by outside and nearby organizations is Tk. 5.32 for every cubic meter. On the off chance that LNG is obtained from the worldwide market and provided in the nation, the cost will come to Tk. 33.44 for each cubic meter. A blend of the imported LNG and nearby gas provided through Petrobangla's circulation framework will cost Tk 12.89 for each cubic meter (open hearing 24 June 2018 Petrobangla). That implies, because of the import of LNG, the cost of neighborhood gas will go up by nearly Tk 5 and will cost about Tk 13 for every cubic meter, that is, over twofold the first cost. Bangladesh Vitality Administrative Commission decides the cost of the gas for use in various segments.
As per the figurings gave over, the obtainment cost of gas per thousand CFT has been assessed at USD 8.5 which isn't steady. At the point when the cost of oil goes up in the worldwide market, the cost of LNG additionally increments instantly. As per Petrobangla computations, the signs are that LNG's cost will go up from USD 8.5 for each unit to USD 10 for every unit, thus in Bangladesh, its supply cost will increment from around Tk 33 to around Tk 41 for each unit. All things considered, the blend of nearby gas and LNG will cost Tk 15 for each cubic meter, that is, three times the present cost.
Another factor is the proportion of neighborhood gas and LNG which will expand the cost further. In the given computations the proportion of the blended gas is 270 units of nearby gas and 100 units of imported LNG. Yet, the tentative arrangements are to expand the import of LNG from 1 billion cut to 4.2 billion cut by 2040. So the proportion of the exorbitant LNG will expand, setting up costs further. Another general gauge demonstrates that Bangladesh will spend USD 2.7 billion yearly to import 500 units of LNG every day. That is about Tk 220 billion. The development cost of Padma Extension is Tk 280 billion.
There is a false discernment in view of fragmented information that Bangladesh's gas assets will without further ado be depleted. At one time a specific quarter broadcasted that Bangladesh was coasting on gas, trying to make the reason for sending out. So now it is being addressed whether there are any intentions behind specific quarters who are announcing that the gas assets are lessening.
Neither the claim that the nation is gliding on gas nor the claim that that the gas assets are depleted are logically conceivable. Regardless of whether the known found stores are before long depleted, there is solid logical proof of more than sufficient unfamiliar gas for possible later use.
Given Bangladesh's geographical development, geologists feel that the capability of gas stays unrevealed as there has not been the satisfactory investigation. Taking notable information (from pre-Pakistan times) into thought, by and large one or even less well has been investigated for oil and gas every year, which is irrelevant by any norms. All things being equal, with such generally less and simple investigation, the measure of gas found in Bangladesh is noteworthy. We can investigate the potential outcomes that may open up with satisfactory investigation and improvement.
Right off the bat, till date, the gas investigation in the nation has been restricted to the effectively distinguished upper strata. While critical gas has been found in such strata in the eastern parts of the nation, the generally convoluted and idle prospects haven't been investigated. However, in a vast delta-like Bangladesh, such prospects are noteworthy.
We are pleased to have characterized our oceanic limit, yet seaward gas investigation work has been troubling. Bangladesh has 26 shallow water and remote ocean squares, yet just four squares have been investigated, that too in a restricted way. The rest of the 22 squares are immaculate. However in 2012 after the sea limit question with Myanmar was settled through universal intervention, it was Myanmar who carted out broad investigations away from the Rakhine drift and has found an expansive number of gas fields there. Meanwhile, it is vast why and affected by which quarters, the multi-customer review is taken up by Petrobangla after 2012, was retired.
Furthermore, considerably less gas is created from the fields keep running by the national organizations than from those keep running by remote organizations. One reason is that the rate of creation per well in the fields under the remote organizations is significantly higher than that of the nearby organizations. The specialized explanations behind this can be tended to actually and the subsequent higher yield of gas can add to settling the current gas emergency.
Thirdly, before, after the investigation of a considerable lot of the wells, these were proclaimed dry and deserted, with no last testing. Geologists trust that if these wells are investigated again with present-day hello their tech techniques, gas will be found.
Fourthly, it has been geographically confirmed that Bangladesh's geography demonstrates a high non-conventional capability of gas outside of the customary gas investigation and generation techniques. In fact talking, the thin bed prospects, synclinal prospects, high weight prospects, and so forth are noteworthy, some of which have opened new skylines in the neighboring Tripura province of India.
There is no avocation for announcing Bangladesh's gas assets to be depleted while its gas investigation program stays inadequate and youthful. However, this is by all accounts impacting the policymaking quarters of the nation. That is the reason more intrigue is being shown towards bringing in LNG at high expenses as opposed to taking up a gas investigation. The inquiry stays with reference to whether this will have a long haul negative effect on the nation's economy. On the off chance that the advancement drive of the present government is to be taken forward, this must be practical. The issue under discourse is critical in such a manner.
* Dr. Badrul Imam is a teacher and vitality master. This piece has been converted into English by Ayesha Kabir
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