The interim government announced plans to increase gas production by 648 million cubic feet per day by December 2025 by installing and working on 50 wells.

Additionally, according to the progress report on the work of different ministries and departments, a work plan was received to increase gas production by 1,500 million cubic feet per day through the drilling and/or completion of 100 wells from January 2026 to December 2028.

The press wing of the Chief Advisor shared the document on the occasion of the government’s three months anniversary.

Average gas production stood at 2,643 million cubic feet per day in fiscal year 2018-19, while it was 2,423 million cubic feet per day in fiscal year 2019-20 and 2,201 million cubic feet per day in fiscal year 2022-23, according to official data. showed.

Summit LNG Terminal II Co. for the construction of the third Floating Storage Regasification Unit (FSRU) at Moheskhali, Patrobangla, Cox’s Bazar. It has already canceled the Terminal Usage Agreement (TUA) and Implementation Agreement (IA) with Ltd.

The report stated that the management bodies of the companies within the scope of Energy and Mineral Resources were restructured in order to bring transparency and accountability to the companies.

The Bangladesh Energy Regulatory Commission Act 2003 was amended to give the power to adjust the gas price to the Bangladesh Energy Regulatory Commission.

While a 6 Tk discount has been made in octane and gasoline prices, a 1.25 Tk discount has been made in diesel and kerosene prices, aiming to keep fuel prices at an affordable level.

The report stated that the tax on fuel imports was reduced to 160 million dollars instead of 478 million dollars.