Energy Bangla

Energy electricity and environment news portal

Dhaka Wednesday,  Feb 21, 2018

Gas Sector

Titas Gas customers will get a facility to pay their bills online as the country’s largest gas distribution company is set to sign a contract today with an IT consortium to introduce modern total integrated open architectural (TIOA) system. After its installation, 1.8 million consumers from households to largest power companies will be able to pay their bills online, without going to bank, Nowshad Islam, managing director of Titas Gas... »
lng Petrobangla, the state-run oil, gas and mineral corporation, signed a “Term sheet for terminal use agreement” with Excelerate Energy Limited Partnership, a Singapore-based US company, at Petrobangla auditorium in the city on Wednesday to install the country’s first floating LNG terminal in Cox’s Bazar. The LNG stands for liquefied natural gas. The government needs to spend about $2.7 billion excluding $2.58 billion for LNG import and around $90.16 million for... »
offshore The Cabinet Committee on Government Economic affairs on Wednesday approved a proposal of Petrobangla to award three deep-sea gas blocks to the US-based ConocoPhillips and Norway-based Statoil ASA for exploring oil and gas in the Bay of Bengal. The approval was given at its regular meeting with the Finance Minister Abul Maal Abdul Muhith in the chair. According to the proposal, the international oil companies (IOCs) would spend around $US69... »
bay.1 Petrobangla, the state owned oil and gas corporation, is set to award US-based ConocoPhillips and Norway-based Statoil ASA the task of exploring oil and gas in three deep-sea blocks in the Bay of Bengal, known as offshore blocks 12, 16 and 21 soon. Prime Minister Sheikh Hasina, the Minister for the Power, Energy and Mineral Resources, has approved the draft Production Sharing Contract (PSC) in this connection in the last... »
a40thumb Petrobangla invites bid for 2D Non-Exclusive Multi-Client marine survey State-owned Petrobangla has invited international tender for 2D Non-Exclusive Multi-Client marine seismic survey for its maritime territory in the Bay of Bengal. According to official sources, the national hydrocarbon agency published the tender notices in different local newspapers and on its own website recently asking interested international geophysics companies to submit their respective bids by March 29 this year. “This is... »
India’s biggest gas importer Petronet LNG is one of the companies shortlisted to build a liquefied natural gas terminal in neighbouring Bangladesh, a company executive said on Thursday. “They called for expressions of interest and we participated and have been shortlisted by the Bangladesh government,” Managing Director A.K. Balyan told reporters in New Delhi. Balyan said that the company selected will be responsible for sourcing of gas, building and operating... »
berchearing The technical evaluation committee of the Bangladesh Energy Regulatory Commission (BERC) gave the opinion that there is no reason to raise the retail gas tariff by Karnaphuli Gas Distribution Company Limited (KGDCL), as the company is already making profit. It, however, has recommended a 2.49 percent hike in retail gas tariff by Bakhrabad Gas Distribution Company Limited (BGDCL) as its operating revenue makes a shortfall of Tk 381.27 million compared... »
berc11 The technical evaluation committee of the Bangladesh Energy Regulatory Commission (BERC) has disagreed on a proposal of Titas Gas Transmission and Distribution Company Limited (TGTDCL) for raising gas tariff at retail level. It, however, recommended for 5.59 percent hike in retail gas tariff by the Pachimanchal Gas Company Limited (PGCL). Opposing the proposals of hiking gas tariff, Prof M Shamsul Alam, Energy Adviser of the Consumers Association of Bangladesh, said... »
Bangladesh Energy Regulatory Commission staff committee on Monday reported that the Gas Transmission Company Ltd would need Tk 0.13 for transporting each cubic metre of gas, keeping the company in profit by Tk 349.29 crore a year. The staff committee submitted its report at a public hearing on the state-run GTCL proposed hike in gas transmission charge by 134.37 per cent, up from Tk 0.32 per cubic metre to Tk... »
ongc NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) today said its natural gas output will jump 81 per cent to 116 million standard cubic meters per day by 2019 after it bring newer fields in western and eastern offshore into production. “Gas production will rise from 64 mmscmd to 116 mmsmcd by 2019,” ONGCBSE 1.27 % Chairman and Managing Director Dinesh K Sarraf said at the India Energy Congress... »