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$230m ADB loan for ensuring smooth supply to west
10/29/2005
The Asian Development Bank (ADB) will help expand the natural gas infrastructure and delivery system in Bangladesh to support the country's economic growth through a US$230 million loan package approved Thursday, reports UNB
The project will construct four gas transmission pipelines totalling 353 kilometres (km) to transport about 360 million cubic feet of natural gas a day to the less developed western region of the country, covering an area with a population of nearly 15 million, an ADB press release said.
To remove supply bottlenecks throughout the network, the project will expand the country's north-south system by installing compressors at two locations -- Ashuganj south and Muchai. Another compressor station will be located in Elenga.
About 320 km of gas distribution pipelines will also be constructed to create a new distribution network in the Rajshahi area in Western Bangladesh.
In addition, the project will conduct a survey of five existing gas fields to provide updates on the estimated gas in place and to determine the exact location for drilling.
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