Energy Bangla

Energy electricity and environment news portal

Dhaka Saturday,  Feb 16, 2019

Gas Sector

Bangladesh Energy Regulatory Commission (BERC) has decided not to raise the gas price ‘considering the overall situation’. The watchdog announced its decision at a press conference at the commission office in the city on Tuesday. “Under the present circumstance, we find no reason to raise the gas price,” said BERC Chairman Monwar Islam while briefing reporters. He, however, did not directly respond to the question that there is a perception... »
The process of raising the gas price has got postponed. Bangladesh Energy Regulatory Commission (BERC) has sidetracked the tariff hike process for now as it was suggested by the Prime Minister, claimed the sources from BERC. Prior to this move, BERC was almost in the final stage to raise the gas tariff for the sectors of CNG, power and industry. BERC is bound to impose new prices of energy and... »
In order to lessen the price of Liquefied Natural Gas (LNG), the government has exempted duties (Customs Duty or CD) from LNG import. The Internal Resources Division of the government has already published a notification regarding this duty exemption which is taken to be enacted from 18th September of this year. Another proposal of duty (Supplementary Duty or SD) exemption from LNG import is awaiting approval and now has been... »
Bangladesh Energy regulatory Commission (BERC) is likely to announce a fresh gas price chart for all except domestic and commercial consumers. “The fresh price chart will be announced within a day or two, as the BERC has obligation to take a decision by this week as per set rules of BERC that said the commission shall give its verdict within 90 working days,” a senior official of BERC told on... »
Chevron Bangladesh has been recognized by the Ministry of Power, Energy & Mineral Resources as the largest natural gas producer of the country in the private sector. Chevron Bangladesh President Neil Menzies received a certificate and award in this regard from Prime Minister Sheikh Hasina at the inauguration ceremony of Power & Energy Week 2018 on Thursday at International Convention City, Bashundhara, in the city. Energy Adviser to the Prime... »
The government has decided to keep all Compressed Natural Gas (CNG) stations open for 24 hours before and after four days of Eid-ul-Azha, a press release said here today. Power, Energy and Mineral Resources Ministry recently made the decision to remain open all CNG stations for 24 hours before and after four days of the Eid time, the release added.
The Supply of Liquified Natural Gas (LNG) began in the port city of Chattogram since 2.30 pm on Saturday after 115 days of import. In the seventh attempt, the authorities became successful on Saturday. Earlier they tried six times since May 25 last. The commissioning of the FSRU has been shifted again and again. But the authorities have deferred the supply of imported liquefied natural gas to the national grid... »
Mitsubishi Corporation (“MC”), the Japanese trading giant, has agreed to acquire twenty five percent (25%) interest in Summit LNG Terminal Co (Pvt) Limited (“SLNG”) and to develop a Liquefied Natural Gas (LNG) receiving terminal that uses a Floating Storage and Regasification Unit (FSRU) in Bangladesh. With the acquisition, seventy five percent (75%) of SLNG will be held by Summit Corporation Limited (“Summit”) and remaining by MC. Under the project, SLNG... »
Bangladesh entered a new era in the energy sector when it received its first consignment of liquefied natural gas (LNG) in the gridline on Sunday. Petrobangla chairman Abul Mansur Md Faizullah told that after missing several deadlines, the first consignment of LNG was finally shipped to the gridline on Sunday. “This, was, however done on a test basis. After we conduct some tests, commercial operations with shipped LNG will start,”... »
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... »