Dhaka, Dec. 5 -- In a major push to boost domestic energy production and reduce reliance on costly imports, the government will drill three new gas wells in the country involving Tk 1,136 crore.

The project will be implemented by Bangladesh Petroleum Exploration and Production Company Limited (BAPEX), a subsidiary of Petrobangla, under the Energy and Mineral Resources Division, aiming to ease the pressure on the nation's dwindling gas reserves amid rising demand.

According to the project proposal, the three wells-Srikail Deep-1, Mobarakpur Deep-1 and Fenchuganj South-1-will be drilled in three upazilas in Chattogram, Sylhet and Rajshahi divisions.

Officials said the total project cost includes Tk 909 crore as a government loan, with BA...