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Gas Extraction and Its Implication for Economic Sustainability of Bangladesh

Author

Listed:
  • Billah , Ahm Mustain

    (Former consultant to SEMP-SDN Project in Bangladesh Institute of Development Studies (BIDS))

  • Khan, Abdul Aziz

    (General Manager, Petro Bangla)

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.

Suggested Citation

  • Billah , Ahm Mustain & Khan, Abdul Aziz, 2001. "Gas Extraction and Its Implication for Economic Sustainability of Bangladesh," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 27(3), pages 1-34, September.
    • Handle: RePEc:ris:badest:0419
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    Cited by:

    1. N.C. Saxena & Tim Conway & Cecilia Luttrell & Edward Anderson & John Farrington & Gerard Gill, 2016. "Food Security and the Millennium Development Goal on Hunger in Asia," Working Papers id:11094, eSocialSciences.

    More about this item

    Keywords

    Resource depletion Sustainable economies; Economic resources; Resource economics; Sustainable consumption; User costs; Natural gas; Energy resources;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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