Energy Bangla

Energy electricity and environment news portal

Dhaka Tuesday,  Jul 17, 2018

Gas Sector

State Minister for Power, Energy and Mineral Resources Nasrul Hamid today hoped that the gas sector master plan 2017 would be prepared timely incorporating rational opinions. “To ensure energy security in the country, the Awami League government led by Prime Minister Sheikh Hasina has started preparing the master plan in time,” he said while addressing a function on “Presentation Draft Final Report on Gas Sector Master Plan 2017 as the... »
State Minister for Power, Energy and Mineral Resources Nasrul Hamid day said Bangladesh wants to join Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline as the country needs huge gas to keep up the trend of development. He said this when Turkmenistan’s non-resident ambassador to Bangladesh Parakhat Durdyev met him at his secretariat office here. The state minister hoped the TAPI gas pipeline will open a new door of potentialities in the region.... »
The High Court on Sunday declared illegal the gas price hike for household use in the second phase that came into effect on 1 June, reports UNB. The High Court bench of justice Zeenat Ara and justice Kazi M Ejarul Haque Akond passed the order after hearing on a rule. Besides, the court asked the Bangladesh Energy Regulatory Commission (BERC) to issue a notice in this regard before 1 August.... »
Chevron Corporation, the US based oil giant has started negotiation with the state-run Petrobangla for the approval of its disputed share transfer procedure. A high-level delegation from Chevron sat on a meeting with Petrobangla regarding this issue on Wednesday at the Petrocentre of the capital. After the meeting, Petrobangla chairman Abul Monsur Md. Fayjullah told the newsmen that, Chevron was being questioned about the transfer of its share transfer without... »
IFC, a member of the World Bank Group, and Excelerate Energy Bangladesh Limited (Excelerate) are co-developing the Moheshkhali Floating LNG project – Bangladesh’s first liquefied natural gas (LNG) import terminal. The project will be located offshore Moheshkhali island in the Bay of Bengal with a project cost of $179.5 million. IFC and Excelerate today announced securing the debt financing for the project to help expand access to clean energy in... »
Bangladesh will begin substituting part of its oil product imports with LNG next year, as it aims to use more gas in power generation to replace oil-fired plants, Sayed Mohammad Mozammel Haque, director for Operations and Planning at Bangladesh Petroleum Corporation (BPC), told S&P Global Platts on Wednesday. Bangladesh’s demand for LNG is expected to rise to 9 million mt annually by 2022, Platts Analytics has estimated, but it’s not... »
State Minister for Power, Energy and Mineral Resources Nasrul Hamid says the sudden discontinuation of gas supply to CNG refuelling stations nationwide due to maintenance of a gas field is a ‘temporary’ problem. There is, however, no problem with the power supply, he told reporters at his Secretariat office on Wednesday. He said that they had announced earlier Bibiyana gas field would undergo maintenance. We did notify everyone before the... »
G-Gas LPG (A Product of Energypac) is going to hit the LPG market shortly. In line with the goal, recently a Distributionship Signing Ceremony was arranged at Energypac’s Corporate Office. In the Program, Managing Director & CEO of Energypac Power Generation Ltd. Mr. Humayun Rashid conferred the Distributionship Certificate among the appointed distributors of Dhaka Zone. Other Attendees include General Manager, Sales & Marketing, Mr. Abu Sayed Raza, Head of... »
The Supreme Court has cleared a hike in the price of gas in the second phase overriding a ban on it by the High Court. On Monday, the Appellate Division bench led by Chief Justice Surendra Kumar Sinha upheld the stay on the High Court’s order. On Feb 23, the Bangladesh Energy Regulatory Commission or BERC made a public announcement fixing monthly gas bills for one burner at Tk 750... »
Finance Minister AMA Muhit in his budget speech has indicated that, the price of natural gas is likely to rise. The price of natural gas might be raised to import LNG (Liquefied Natural Gas), which would be used to meet the country’s demand for gas. However, subsidies will be provided to keep the gas price within a tolerable range. The national budget for the fiscal year 2017-18 was proposed on... »