Due to a shortage in the supply of Liquefied Natural Gas (LNG), gas pressure will remain low from Monday night until June 25. According to a press release issued by Titas Gas Transmission and Distribution Company, the situation has occurred due to a sudden reduction in the supply of imported LNG. As a result, gas pressure will remain low for all categories of consumers, including residential, industrial, and commercial users.
The Bangladesh CNG Filling Station and Conversion Workshop Owners Association has demanded that the commission for CNG filling station owners be increased from the current Tk 8 per cubic meter to Tk 13.96 per cubic meter. The association also called for an automatic adjustment mechanism so that the commission can be revised in line with future increases in electricity and other operating costs. It announced that if the demand is... »
The price of Liquefied Petroleum Gas (LPG) has been reduced. For June, the retail price of a 12kg LPG cylinder has been cut by Tk 55 and set at Tk 1,885. The price of autogas has also been reduced. The Bangladesh Energy Regulatory Commission (BERC) announced the new prices on Tuesday. The retail price of privately supplied LPG has been fixed at Tk 157.60 per kilogram. Accordingly, the price of... »
An international tender has been invited for offshore oil and gas exploration. Under the Offshore Bidding Round 2026, a total of 26 offshore blocks have been opened for bidding, including 11 shallow-water blocks and 15 deep-water blocks. Bids can be submitted until November 30. Various details regarding the bidding round were formally presented at a press conference held on Sunday at the Ministry of Power, Energy and Mineral Resources. Power,... »
Petrobangla is set to begin offshore oil and gas exploration. An international bidding round will be launched on Sunday for exploration in 27 offshore blocks located in deep and shallow waters. To attract investment, various incentives — including export opportunities — are being offered to international oil and gas companies. Bid proposals must be submitted by 1:00 PM on November 30. Although Bangladesh settled its maritime boundaries with neighboring countries,... »
Bangladesh and the United States have signed a strategic Memorandum of Understanding (MoU) in the energy sector. The agreement was signed on the morning of May 14 (U.S. time) at the U.S. Department of Energy in Washington, D.C. U.S. Energy Secretary Chris Wright signed on behalf of the United States, while Foreign Minister Dr. Khalilur Rahman signed on behalf of Bangladesh. Under the agreement, Bangladesh will import energy products worth... »
The Cabinet Committee on Economic Affairs (CCEA) today gave approval in principle to the draft “Bangladesh Offshore Model Production Sharing Contract (PSC) 2026” and partially approved a proposal related to power sector subsidies aimed at ensuring uninterrupted electricity supply across the country. The approvals came from the 13th meeting of the CCEA in this year held at Bangladesh Secretariat with Finance Minister Amir Khosru Mahmud Chowdhury in the chair. In... »
Following the trend in fuel oil prices, the price of Liquefied Petroleum Gas (LPG) has also been kept unchanged for the month of May. On Sunday, the Bangladesh Energy Regulatory Commission (BERC) announced the prices for May. As in April, the price of a 12 kg LPG cylinder remains unchanged at Tk 1,940. At the consumer level, including VAT, the price per kg remains Tk 161.71. The consumer-level price of... »
Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood today said the government will supply natural gas to the Ashuganj Fertilizer Factory from May 1 in order to streamline the input supply for the agriculture sector. “We have decided to supply gas to the fertilizer factory from May 1 considering the agriculture sector although the decision will hamper the power generation,” he said. The minister revealed the decision while independent... »