Sangu compression project installation to complete by July1
Installation of the compression project at the Sangu gas terminal in Chittagong is to be completed by July 1, to improve gas supply in the region, said an official of Cairn.Ian Wright, director operations and engineering of Cairn Energy Companies in Bangladesh, a multinational oil and gas exploration company, said commissioning of the onshore gas compression project is in its final stage. Under the current onshore project, Cairn and its joint venture partners have selected and ordered two compressor units to maintain the supply of gas to the Chittagong region, Wright told reporters during his visit to the Sangu platform of Cairn, about 50 kilometres away from the Karnaphuli river at Chittagong Port.The cost of completing the project has been fixed at $6 million and is part of ongoing efforts to extend the economic life of the Sangu gas field, he said. Three successful well intervention programmes were recently completed, resulting in a 60 percent improvement in production rates.He said construction at Sangu started in February 2009 involving 50 local contract workers, preparing the site for arrival of the compressor packages."The fabrication of the compressors in Singapore was completed in April and the compressor packages in Chittagong are now ready for installation at site by this month," he said.He said the onshore gas compression project installation and start-up will be achieved without disrupting the vital Sangu gas supply to Chittagong.The Sangu gas field in the Bay of Bengal has produced in excess of 450 billion cubic feet (BCF) of gas since production commenced in 1998 with Cairn being one of the first international companies to start operating in Bangladesh, he added."To date, Cairn and its joint venture partners have invested approximately $1billion in the country," Wright said.He said the economic life of the Sangu gas field will finish by 2012. If the government signs an agreement with Cairn to connect Sangu with Magnama, the economic life of the Sangu could be extended, he added.
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন