Energy Bangla

Energy electricity and environment news portal

Dhaka Friday,  Aug 17, 2018

Gas Sector

Prime Minister’s Energy Advisor Dr Tawfiq-e-Elahi Chowdhury has said that there is no immediate plan of bidding for onshore gas exploration in the country. “But some international oil companies (IOCs) might be chosen for exploration work for few onshore fields on case to case basis”, he said while responding to a question at a seminar at Petrobangla in the city on Thursday. Energy and Mineral Resources Division organised the seminar... »
The National Energy Security Day-2018 will be observed in the country on Wednesday. The Energy Division and its subsidiary bodies chalked out elaborate programmes to observe the day to commemorate the historic decision taken by Father of the Nation Bangabandhu Sheikh Mujibur Rahman to take over operation of five gas fields from Shell Oil at a cost of 4.5 million pound on August 9, 1975. The programmes include bringing out... »
State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said the government is expected to increase gas supply by this year aiming to ensure the country’s energy security. “Our specialists and experts are working in this regard. I hope, this year we will be able to reach a better position for uninterrupted energy supply in the country,” he told a press conference at the Secretariat here. Nasrul said... »
The national grid is getting additional 16 million cubic feet gas daily (mmcfd) from Well-1 of Habiganj Gas Filed. BAPEX as the state run organization has completed work over of the well-1 and went to gas extraction from lower level from Sunday night, according to a release issued by the Bangladesh Gas Filed Company Limited (BGFCL). It said Habiganj Gas Filed under BGFCL is supplying additional 16 mmcfd of gas... »
The government has claimed liquidated damage (LD) from the US-based Excelerate Energy Bangladesh Ltd (EEBL), as the latter ‘failed’ to commission and initiate re-gasification of imported LNG (liquefied natural gas) timely, said officials. The loss caused due to delay or failure in completion of the work as per the agreed contract conditions imposed by the employer or client is meant as LD. A senior official of the Petrobangla said the... »
Consumers’ right groups on Thursday severely criticized the gas distribution companies for sanctioning loan for gas and oil exploration without approval from the regulatory authority Bangladesh Energy Regulatory Commission (BERC). According to sources, various gas distribution companies have already provided Tk 230 crore loan to state-owned Bapex to help facilitate exploration of oil and gas in a shallow sea block in the Bay. In return the Bapex will pay back... »
Titas Gas Transmission and Distribution Company Ltd (TGTDCL) on Tuesday urged the government to raise its average tariff rate for per cubic meter gas to Tk 0.4987 considering the cost of Liquified Natural Gas (LNG) import. TGTDCL managing director Mir Mashiur Rahman made the plea at a public hearing on Tuesday over the proposed price hike of natural gas. “We require the tariff hike to overcome fund crisis, ensure private... »
The public hearing on the proposals for raising gas prices started at the Bangladesh Energy Regulatory Commission (BERC) in Dhaka on Monday. On the first day of the hearing held at TCB Auditorium, the body heard the appeal of state-owned Gas Transmission Company Limited (GTCL) which sought a hike in its transmission charge by 68.65 per cent to Tk 0.4476 per cubic metre (CM) from the existing Tk 0.2654. To... »
All state-owned gas distribution and transmission companies including Titas Gas have sought to hike gas prices on an average 75 per cent for different consumer groups. Such price increase proposals, however, were not meant for household and commercial consumers. If it came in force, hike would mainly affect large scale consumers like power plants, fertiliser factories, captive power plants, industries, and CNG refuelling stations. Against this backdrop, hearing on gas... »
Neil Menzies has been appointed President of Chevron Bangladesh, effective June 3, 2018. Prior to this assignment, Mr Menzies was Deputy Managing Director of Chevron’s Eurasia Business Unit. In his new role, Neil will lead Chevron’s partnership with the Government of Bangladesh to continue providing reliable and affordable energy to the people of Bangladesh. Chevron is one of Bangladesh’s largest investors, supplying over 50 percent of the country’s natural gas... »