Energy Bangla

Monthly fuel import is down on a p2p basis. Crude Oil import in March 2015/16, for example, has fallen by 59 percent from the March 2014/15. Petroleum export rose on a p2p basis for February (9 percent), but experienced a large declines in the other 2 months (55 percent and 36 percent). Source: Petrobangla Gas production has been stable for the three months, with minor changes on a monthly basis.... »

Foreign investors have been feeling insecure in Bangladesh after an extremists’ attack at Gulshan in the capital city that killed 22 individuals including 17 foreigners. The attack was different and added new dimensions to the ‘terrorist’ activities in Bangladesh, Foreign Investors’ Chamber of Commerce and Industry president Rupali Chowdhury said on Thursday at a monthly luncheon meeting on energy sector held at a city hotel. ‘It (the attack) was aimed... »

Police in Dhaka have broken up a demonstration protesting the construction of a power plant in Bagerhat’s Rampal near the Sundarbans. Tear-gas canisters were lobbed at a procession, which was heading towards the Prime Minister’s Office, at the capital’s Shahbagh area. The march, which started from the National Press Club around 11:30am, was stopped by law enforcers after it reached the Rupashi Bangla Hotel intersection around 12:15pm Tear-gas canister were... »

Dr. Tawfique-e-Elahi Choudhury Bir Bikram, who is currently acting as the Energy Advisor to the Prime Minister of Bangladesh has been appointed as the Energy Advisor at the Bangladesh Permanent mission to the United Nations. The Cabinet Division on Wednesday made him the advisor of the UN mission for a term of 6 months by declaring an ordinance. Dr. Choudhury will be acting as the Advisor to the PM essentially,... »

Malaysia will keep up its support and assistance on demand in Bangladesh’s power sector, said the Malaysian Prime Minister Najib Rajak. The prime minister expressed his willingness and readiness for any kind of assistance while the Bangladesh’s State Minister for Power Energy and Mineral Resources, Nasrul Hamid paid a courtesy visit to the Malaysian Prime Minister’s Office at Putrajaya. The PM said that, his country would be looking forward to... »

The National Committee to Protect Oil-Gas-Natural Resources and Power-Port proclaimed, arranging a Protest Procession on this Monday to repeal the much talked Rampal Project. Besides, the committee also announced several fresh action schedules, including a demonstration towards the Prime Minister’s office on 28th of July. Leaders of the National Committee announced these programmes at a press conference arranged at the Mukti Bhaban in the capital. The National Committee member secretary... »

Like the other most important Public properties, Bangladesh Rural Electrification Board’s (BREB) security measures are beefed up after the deadly militant attack in Gulshan and Sholakia. Major General Moin Uddin, the chairman of BREB mad the call for strengthening the security to protect the establishments, equipment, and other assets which actually belong to the people of Bangladesh. Maj Gen Moin said that, BREB and Bangladesh Palli Bidyut Samiti (PBS) are... »

Security has been fortified to ensure the safety of foreign nationals who are involved in the country’s energy and power sector. Initiatives are taken from the government to beef up the security systems of the gas fields and power plants to secure the foreigners. Deputy Commissioners of all the districts have been directed to ensure the safety of foreigners. The additional secretary of Power Division Dr Ahmad Kaikaus said that,... »

The budget for the financial year 2016-17 has been pushed through Parliament following a 58-hour discussion. Thursday’s session started at 1:30pm and was chaired by speaker Shirin Sharmin Chaudhury. The Tk 3.4 trillion budget was passed by a voice vote. The budget comes into force from Friday. A sum of Tk 2.42 trillion has been earmarked for large investments. Finance Minister AMA Muhith expects to garner Tk 55.16 billion in... »

The prevailing gas crisis will be resolved by 2018 as the government is giving all-out efforts to address the issue with utmost importance, Finance Minister AMA Muhith said on Thursday. The minister made the remarks while talking to journalists after a meeting with a delegation of Foreign Investors’ Chamber of Commerce & Industry (FICCI) at his office. FICCI President Rupali Chowdhury led the business delegation. “We expect that import of... »