Energy Bangla

Energy electricity and environment news portal

Dhaka Thursday,  Oct 18, 2018

Gas Sector

Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) today signed Term-Sheet for LNG Terminal Use Agreement with Hongkong Shanghai Manjala Power Limited (HSMPL) and Petronas LNG Limited (Petronas) of Malaysia to set up a LNG terminal at Kutubdia in Cox’s Bazar. As per the agreement, the Hongkong Shanghai Manjala Power Limited (HSMPL) with Global LNG and Malaysia based Petronas LNG Limited would construct FSU and Fixed Jetty based Re-gasification Unit having... »
Part of the city’s kitchens and other natural gas users got stuck on the last Sunday as the gas supply stopped suddenly without any prior notice. The gas supply was totally stopped from the morning in the region of Rampura, Banasree, Mahanagar Project, Khilgaon and other adjacent areas of the city. Unfortunately, Titas gas, the state-run gas distribution company did not notify the customers before this disaster, which made the... »
Chevron Corp may miss its mid-October target for closing the agreed $2-billion sale of its natural gas assets in Bangladesh to a Chinese consortium, as Dhaka weighs the prospect of a counterbid, people with knowledge of the matter said. The U.S. oil major agreed in April to sell its three Bangladesh gas fields to Himalaya Energy, comprising state-run Chinese oil trader Zhenhua Oil and a government investment platform, CNIC Corp.... »
Australia’s national energy regulator has warned the federal government on Monday that the domestic supply of liquified natural gas (LNG) is at risk of a “supply shortfall.” The Australian Energy Market Operator’s (AEMO) annual projections forecast a shortage of 54 petajoules in 2018 and 107 petajoules in 2019, which represents one-sixth of the country’s total demand each year. AEMO chief executive Audrey Zibelman said the findings “suggest there is a... »
Bashundhara LP Gas will install a large reserve tank in Dhaka to supply Liquefied Petroleum Gas (LPG) in the city. The tank will be installed before Hotel Le Méridien at the city and Bashundhara has signed a deal with the hotel on Sunday. Le Méridien Dhaka and Best Holdings president Hasan Ahmed and Meer  T I Faruqe Rizvi has signed the deal on behalf of their respective organizations. Among others... »
Petrobangla on Tuesday has signed a Memorandum of Understanding (MoU) with Gunvor Singapore PTE Ltd to import Liquefied Natural Gas (LNG). State minister for power, energy and mineral resources Nasrul Hamid was the chief guest of the MoU signing ceremony. Among others energy secretary Nazimuddin Chaudhury, Petrobangla chairman Abul Monsur Md. Fayzullah were present at the ceremony. Petrobangla Secretary Syed Ashfaquzzaman and Speelevelid, the Head of LNG-BD/Asia of Gunvor Singapore... »
Industrialists and businessmen want gas, no matter how costly it is. To keep up the country’s current pace of the economic growth, industry needs more gas whether it comes in the means of bottled, liquefied or pipe lined. Businessmen, once again expressed their cravings for gas on today in a view exchange program that was held at the Petrocentre of the city. The program was organized prior to formulating an... »
The government is to sign a long-term agreement with Qatar in September this year to import Liquefied Natural Gas (LNG) as the cabinet committee on public procurement has approved the pricing formula and draft contract document. “As the cabinet committee approved the pricing formula yesterday, the government would sign a long-term contract for importing LNG from Qatar to meet growing energy demand in the country,” State Minister for Power, Energy... »
The High Court in Bangladesh has scrapped two gas deals with Canada-based Niko Resources. It has also ordered confiscation of Niko’s assets in Bangladesh. The court also told the state not to pay Niko any money it owes to the company, until the two lawsuits — one for the 2005 gas-field blast and the other on corruption — are settled. Niko signed two deals in 2003 and 2006 to explore... »
Titas, the state-owned gas Distribution Company has cut a total of 7,245 illegal gas connections in the households and eliminated 18.19 kilometers of illegal gas pipeline in this July. It has also disconnected gas connections of 2,232 legal household stoves, 6 commercial units, 4 CNG stations, 3 captive power plants for their due bills. Titas Gas Transmission and Distribution Company Limited has declared its stance against illegal gas connections for... »