Private firm Intraco has signed a contract with Sundarban Gas Company Limited (SGCL) to supply gas to different industries in Dhaka and adjoining areas including Gazipur and Tangail.
Under a 10-year contract, the Intraco Refuelling Station Ltd will bring the gas from southern district Bhola in Compressed Natural Gas (CNG) form by large trailers, each having 4000 cubic meter and sell it to the industries at Tk47.50 per unit (1000 cubic feet).
Addressing the contract signing ceremony at a city hotel on Sunday, both Prime Minister's Energy Advisor Dr Tawfiq Elahi Chowdhury and State Minister for Power, Energy and Mineral Resources Nasrul Hamid laid highest emphasis on ensuring safety of the supply.
'You have to ensure all necessary compliances in supplying the gas to the industries,' said Dr Tawfiq Elahi Chowdhury.
Nasrul Hamid said Bhola area is showing a huge prospects of natural gas reserve.
'Already the gas resources found in different gas fields in fields in Bhola district,' he said.
With Energy secretary Dr Khairuzzaman Majumder in the chair, the function was also addressed by Bhola area parliament member Ali Azam, Petrobangla chairman Zanendra Nath Sarker, SGCL managing director Tofael Ahmed and Intraco CNG's managing director Md Read Ali.
As per the contract, local firm Intraco Refuelling Station Ltd will initially supply 5mmcfd gas and later 20 mmcfd gas to the private industries.
State-owned Bangladesh Petroleum Exploration and Production Company Limited (Bapex) is extracting gas from the Bhola field. However, nothing was mentioned about the rate of the gas to be sold to the industries.