Dhaka, June 28 -- The interim government is preparing to offer several onshore blocks in hilly regions to international oil companies (IOCs) under a proposed production sharing contract (PSC), aiming to enhance domestic natural gas production amid rising demand.

"We are planning to offer onshore Block-22A and Block-22B, along with several other hilly onshore blocks," Petrobangla Chairman Md Rezanur Rahman told The Financial Express on Saturday.

He said the long-anticipated onshore bidding round is likely to be launched within the next two months.

The Energy and Mineral Resources Division (EMRD) under the Ministry of Power, Energy and Mineral Resources (MPEMR) is currently reviewing a draft of the new Model Production Sharing Contract (...