Energy Bangla

Energy electricity and environment news portal

Dhaka Sunday,  Apr 22, 2018

Gas Sector

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... »
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... »
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... »
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... »
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... »
The government will construct floating liquefied natural gas (LNG) terminal with a daily capacity of 500 MMCF at Maheshkhali to meet the country’s energy demand. The Cabinet Committee on Economic Affairs (CCEA) today approved the “Term Sheet Agreement” signed with Singapore-based Astra Oil and Excelerate Energy Consortium in this regard. “We would construct floating LNG terminal and hope it would be completed by two years,” said Finance Minister A M... »
A Titas Gas Transmission and Distribution Company Limited web site photo shows a call to avoid spoil of gas is inscribed in Bangla on an image of gas pipes. The gas distribution companies, after a one-year moratorium, will start giving fresh gas connections to industries from February. A Titas Gas Transmission and Distribution Company Limited web site photo shows a call to avoid spoil of gas is inscribed in Bangla... »
Bangladesh Energy Regulatory Commission (BERC) will begin a four-day public hearing from February 2 on the gas price hike proposals submitted by six state-owned gas distribution companies. It will also hold a hearing on gas transmission tariff. The hearing will take place at the TCB Bhaban in the capital’s Karwan Bazar. Gas Transmission Company Limited (GTCL) has proposed that the BERC raises gas transmission tariff. “The hearing will end on... »