Analysis of data on oil, gas exploration underway: Nasrul

Dhaka: The government has started analysing data as part of its oil and gas exploration programme after settling the maritime boundary disputes with India and Myanmar, a state minister told parliament on Tuesday, reports the UNB.
‘Currently, work on data analysis is going on,’ State Minister for Power, Energy and Mineral Resources Nasrul Hamid informed the House in a written answer.
He said work on oil and gas exploration started in four blocks in deep and sallow sea under four Production Sharing Contracts (PSCs) with five companies.
The state minister also said some seismic surveys have already been finished.
Explorers use seismic surveys to produce detailed images of local geology to determine the location and size of possible oil and gas reservoirs, he said.