Bhola district has huge gas reserves
Over the years, BAPEX discovered about a dozen small- to medium-sized fields. The largest field so far is in Bhola, an offshore island covering an area of 3,403.48 sq km and about 205 km south of the capital Dhaka, which claims reserves of hundreds of billions of cubic feet.
Bangladesh is currently passing through a period of political instability. Opposition Khaleda Zia’s party has increased the pressure on the Sheikh Hasina government. On the other hand, Sheikh Hasina is surrounded from home to abroad due to the increasing debt of the country, violation of human rights and economic crisis. In such a situation, this news has brought a great relief for them. Sheikh Hasina is constantly balancing India and China.