Energy Bangla

Energy electricity and environment news portal

Dhaka Wednesday,  Feb 21, 2018

Gas Sector

tofael-ahmed-energybangla-337x205 Tofael Ahmed, the commerce minister said that, the country’s prevailing gas crisis would be solved within the year of 2018. The country’s reserve of gas is depleting and that’s why the government is planning to import Liquefied Natural Gas (LNG) from abroad to meet the country’s growing demand for gas in every sector. Tofael Ahmed said, the imported LNG would be regasified and then would be supplied to the national... »
nosrul-hamid-energy-saving-day-energy-bangla-347x205 The state minister for power, energy and mineral resources Nasrul Hamid said that, the government is trying to reduce the subsidies on gas and that is why the gas price was hiked. On the other hand, the planned import of Liquefied Natural Gas (LNG) which is actually a lot costlier than natural gas, so there is a demand in adjusting the price of both of the gasses. The state minister... »
chevron-logo-337x205 China is about to buy the assets of Chevron in Bangladesh. Chevron Bangladesh has signed a preliminary deal with the China’s state-owned Zhenhua Oil to sell its assets in the country which includes 3 of the gas fields currently operated by Chevron, reports Reuters. Chevron Bangladesh’s external communications manager Shaikh Jahidur Rahman said, “We can confirm that Chevron has been in commercial discussions about our interests in Bangladesh.  We will... »
highcourt-360x201 The High Court has put a six-month embargo on the government’s decision to increase prices of household and industrial gas for a second time in June this year. Tuesday’s order came from the bench of justices Moyeenul Islam Chowdhury and JBM Hassan after a primary hearing on a writ petition filed by Consumer Association of Bangladesh a day ago. Last week, the regulator announced it would hike gas prices twice... »
lpg-summit-2017-360x151 Seventy percent of the existing household gas connections will be replaced with LPG over the next two years, said state minister for power and energy Nasrul Hamid on Sunday. “Our original plan was three years. But, one year has already elapsed. Now two years are left for the job to be done. Hopefully, we’ll be able to introduce LPG in 70 percent areas,” he said. Nasrul Hamid was talking to... »
nosrul-lpg-energybangla-360x159 The state minister for power, energy and mineral resources Nasrul Hamid said that, the price of Liquefied Petroleum Gas (LPG) will be readjusted within the next two months. He said so in the inauguration program of the 4th International LPG Summit-2017 that is being observed at the city’s international Convention City, Bashundhara. The government is on its way of making a new policy which will be taken soon to take... »
4th-Asia-LPG-Summit-2017-energybangla-337x205 This is for the first time Bangladesh is holding the event of Asia LPG Summit-2017. The two-day event will be inaugurated by the state minister for power, energy and mineral resources Nasrul Hamid and the program will be organised at the International Convention Centre in Bashundhara area of the city. The 4th round of the summit will be organised by the International LPG Association, All Event Group-Singapore and Global Management... »
chevron-logo-337x205 China’s state-run Zhenhua Oil has signed a preliminary deal with Chevron to buy the U.S. oil major’s natural gas fields in Bangladesh that are worth about $2 billion, two Beijing-based Chinese oil executives said. Zhenhua is a subsidiary of China’s defence industry conglomerate NORINCO. A completed deal would mark China’s first major energy investment in the South Asian country, where Beijing is competing with New Delhi and Tokyo for influence.... »
gas price chart The government has raised the price of gas for once more. This time the price of gas was raised by 22.73 percent on an average. Bangladesh Energy Regulatory Commission (BERC) released a public notice regarding the revised prices on Thursday. The charge of household gas will hike by 50 percent on an average for single burner and the charge of double burner will hike by 46 percent on an average.... »
Consumers will have to count enhanced price for gas from 1st March 2017. “We’ve discussed about the hike in gas prices with the government. Increased price will be adjusted,” said an official at Bangladesh Energy Regulatory Commission (BERC). Government has now planned to increase the prices of gas for all types of consumers.