Gas Extraction and Its Implication for Economic Sustainability of Bangladesh

Ahm Mustain Billah and Abdul Aziz Khan
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Ahm Mustain Billah: Former consultant to SEMP-SDN Project in Bangladesh Institute of Development Studies (BIDS)
Abdul Aziz Khan: General Manager, Petro Bangla

Bangladesh Development Studies, 2001, vol. 27, issue 3, 1-34

Abstract: Natural gas in Bangladesh currently is a very hot issue that deserves considerable discussion. Its reserve is very debatable agenda. It is officially reported that the gas reserve in Bangladesh is around 12 trillion cubic feet (Tcf) that plays a very vital role in economic development of the country. In order to sustain the economic growth in respect of rapidly depletable gas resource, two issues need urgent attention- to invest some of the resource rent in alternative sectors and to ascertain the amount to be invested. The study attempted to examine the effects of gas resource extraction on sustainable consumption for maintaining better standard of living. A model for estimating gas resource depletion of Bangladesh is developed then used to make necessary adjustment with sectoral GDP that reflected the effects of resource extraction.

Keywords: Resource depletion Sustainable economies; Economic resources; Resource economics; Sustainable consumption; User costs; Natural gas; Energy resources (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ris:badest:0419

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