Energy Bangla

The price of LPG has been increased again this month. Before the impact of the earlier hike at the beginning of the month could settle, prices have been raised once more. The Bangladesh Energy Regulatory Commission (BERC) announced the new prices on Sunday. The price of a 12 kg LPG cylinder has been increased by Tk 212 to Tk 1,940, up from the previous price of Tk 1,728. According to... »

The price of LPG has been increased by Tk 387 for a 12 kg cylinder in a single hike. This is the first time that fuel prices have been raised in Bangladesh since the outbreak of war in the Middle East. The Bangladesh Energy Regulatory Commission (BERC) announced the new prices for April on Thursday. The price of privately imported LPG has been raised by Tk 387 per 12 kg... »

Gas supply to the national grid from the Srikail–5 well has begun, with an average of around 8 million cubic feet of gas being supplied daily. On Saturday, State Minister for Power, Energy and Mineral Resources Anindya Islam Amit inaugurated the supply of gas discovered from the Srikail–5 appraisal and development well to the national grid. The well is estimated to hold around 40 billion cubic feet (BCF) of gas,... »

The price of a 12 kg LPG cylinder has been reduced by Tk 15 to Tk 1,341, down from Tk 1,356. The price per kilogram has been set at Tk 111.79. According to a notification signed by Bangladesh Energy Regulatory Commission (BERC) Secretary Md. Nazrul Islam on Monday, the price has been revised following the National Board of Revenue’s (NBR) decision to withdraw Value Added Tax (VAT) at the production... »

The government has extended the closure hours of CNG filling stations by three hours during Ramadan. From the first day of Ramadan until March 14, CNG stations will remain closed from 3:00 PM to 9:00 PM, instead of the previous schedule of 6:00 PM to 9:00 PM—bringing the total closure period to six hours. According to an order issued by the Energy and Mineral Resources Division under the Ministry of... »

The new government has unveiled a 100-day and five-year action plan for the energy sector. The plan emphasizes strengthening energy security by increasing domestic gas exploration and production. On Wednesday at the Secretariat, Minister for Power, Energy and Mineral Resources Iqbal Hasan Mahmud Tuku and State Minister Anindya Islam Amit formally presented the plan through the unveiling of a publication. The plan aims to reduce system loss to 6.25 percent... »

Under a bilateral trade agreement between Bangladesh and the United States, Bangladesh will import energy products worth approximately $15 billion from the United States over the next 15 years. At the same time, the country has decided to purchase $3.5 billion worth of agricultural products from the US. The information was disclosed in a joint statement released by the White House on Monday. According to the statement, the total value... »

A committee is set to recommend excluding workers’ welfare allocations from labour laws and regulations in the draft Production Sharing Contract (PSC). According to relevant sources, the committee formed by the Ministry of Power, Energy and Mineral Resources to review the PSC is likely to recommend not including the Workers’ Profit Participation Fund (WPPF) for workers. Workers and all other stakeholders have demanded respect for the country’s existing laws. They... »

The Energy and Mineral Resources Division has stated that there is an adequate stock of LPG gas in the country. However, local retail sellers have created an artificial shortage in the market following advance news of a possible price hike. According to a press release issued after a meeting at the Energy and Mineral Resources Division on Sunday, the administration has been instructed to take legal action against those responsible... »

The price of liquefied petroleum gas (LPG) has been set at Tk 108.83 per kilogram, up from Tk 104.41 in December. This means an increase of Tk 4.42 per kg. The Bangladesh Energy Regulatory Commission (BERC) announced the new prices on Sunday. According to the revised rates, the price of a 12-kg LPG cylinder, including VAT, has been fixed at Tk 1,306, which was Tk 1,253 in December—an increase of... »