Energy Bangla

Energy electricity and environment news portal

Dhaka Monday,  Jun 18, 2018

Gas Sector

Singapore-based Kris Energy will carry out drilling operations in two onshore wells in Bangora field, located under block 9 in Comilla district, a senior Petrobangla official told the FE. Petrobangla has already approved the work programmes of KrisEnergy and its partners to initiate drilling of two onshore wells, he said. Once completed, natural gas production from Bangora gas field will be consolidated at the current level of around 110 million... »
‘Investment in the region is not increasing for lack of gas, despite various facilities including cheap labour and land’ The government plans to supply natural gas to the greater Faridpur region, despite projections that the natural resource will be depleted rapidly beginning in 2018. According to a recent decision of the Energy and Mineral Resources Division, a 30-inch diameter 6.5 kilometre-long transmission pipeline will be built alongside the Padma Multipurpose... »
An Indian minister expressed Delhi’s willingness to share with Bangladesh gas from Myanmar with which the former is planning to build a pipeline for the fuel import. “We are ready to help Bangladesh achieve energy security in the field of gas as we are doing in the case of electricity supply,” Minister for Petroleum and Natural Gas Dharmendra Pradhan told the FE in an exclusive interview at the convention centre... »
Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the nation has never been far from energy investors’ minds. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere. Argentina’s deliberate efforts... »
Petrobangla, the state owned oil and gas corporation, has written to the US-based ConocoPhillips and Norway-based Statoil ASA to sign the final deal with it for exploring oil and gas in the offshore blocks 12, 16 and 21. Referring to a Cabinet decision, Petrobangla on Thursday sent an invitation letter to the joint-venture of Conoco and Statoil to come to Dhaka for signing the final deal, Petrobangla sources said. Meanwhile,... »
The government is going to conduct a 2D multi-client survey in Bay of Bengal. An agreement in this regard will be signed with a foreign company this month. To collect adequate data and information about resources of the Bay of Bengal the government had floated international tender early this year. Some eight foreign companies dropped quotations for the job. Sunday was the last date of dropping of biddings. Energy Division... »
The government has decided not to increase the price of gas for domestic consumers but will increase subsidy in importing LP gas that has been used for cooking purposes across the country. It has also decided to increase the price of gas that has been used for captive power generation. According to the Energy Ministry, this decision will help BERC to take its decision freely as the commission is an... »
Shell Eastern Petroleum Pte Ltd, a sister concern of British oil and gas giant Shell, which winded up its operations in Bangladesh in 1975, has shown interest to start a new offshore exploration venture in the Bay of Bengal. Dr Adrian Richard-son, Shell’s senior opportunity leader for Asia, showed the interest to the Bangladesh High Commissioner to Singapore Mahbub Uz Zaman recently. The company also showed interest to visit Dhaka... »
The state-owned gas company, Titas Gas, is proposing to pipe Liquefied Petroleum Gas (LPG) to houses that are off the natural gas grid, in a bid to deal with the shortage of natural gas. The aim of the project is to distribute cooking gas at an affordable price. “We have prepared a proposal to distribute piped gas to new areas under a pilot project based on LPG,” the general manager... »
Power Cell has selected three international firms from five for awarding contract to build the country’s first onshore LNG terminal at Matarbari in Moheshkhali Island in the Bay of Bengal, sources said. The selected firms are Japan’s Mitsui & Company Ltd, India’s Petronet LNG Ltd, and Royal Dutch’s Shell EP International Ltd. The evaluation committee of Power Cell, a state-owned entity under the ministry of power, energy and mineral resources... »