Download The United States multinational energy company ConocoPhillips will soon start looking for gas in a deep offshore area in the Bay of Bengal.
With a short fall in the supply of gas and with declining reserves, the Bangladeshi government is desperate to find new supplies of gas.
It is the first time that the government has opened up its offshore territory to foreign exploration.
However, some are criticizing the government for signing this new deal with an international oil company.
David Bergman hears from both sides.