The Ministry of Power, Energy and Mineral Resources has accelerated gas exploration and production activities to strengthen energy security in the country.
On Tuesday (July 21), it was announced at the weekly press briefing that the listing of 14 companies has been completed to procure LNG from the spot market through international competitive bidding.
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The ministry said that under the program to drill 150 wells on land, 29 wells have been drilled so far, ensuring a production capacity of 270.8 MMCFD of gas. Currently, 125.3 MMCFD of this gas is being supplied to the national grid.
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It was informed that the target is to produce an additional 1,491 MMCFD of gas by drilling the remaining 121 wells by 2030.
