Energy Bangla

The Supply of Liquified Natural Gas (LNG) began in the port city of Chattogram since 2.30 pm on Saturday after 115 days of import. In the seventh attempt, the authorities became successful on Saturday. Earlier they tried six times since May 25 last. The commissioning of the FSRU has been shifted again and again. But the authorities have deferred the supply of imported liquefied natural gas to the national grid... »

Mitsubishi Corporation (“MC”), the Japanese trading giant, has agreed to acquire twenty five percent (25%) interest in Summit LNG Terminal Co (Pvt) Limited (“SLNG”) and to develop a Liquefied Natural Gas (LNG) receiving terminal that uses a Floating Storage and Regasification Unit (FSRU) in Bangladesh. With the acquisition, seventy five percent (75%) of SLNG will be held by Summit Corporation Limited (“Summit”) and remaining by MC. Under the project, SLNG... »

Bangladesh entered a new era in the energy sector when it received its first consignment of liquefied natural gas (LNG) in the gridline on Sunday. Petrobangla chairman Abul Mansur Md Faizullah told that after missing several deadlines, the first consignment of LNG was finally shipped to the gridline on Sunday. “This, was, however done on a test basis. After we conduct some tests, commercial operations with shipped LNG will start,”... »

Prime Minister’s Energy Advisor Dr Tawfiq-e-Elahi Chowdhury has said that there is no immediate plan of bidding for onshore gas exploration in the country. “But some international oil companies (IOCs) might be chosen for exploration work for few onshore fields on case to case basis”, he said while responding to a question at a seminar at Petrobangla in the city on Thursday. Energy and Mineral Resources Division organised the seminar... »

The National Energy Security Day-2018 will be observed in the country on Wednesday. The Energy Division and its subsidiary bodies chalked out elaborate programmes to observe the day to commemorate the historic decision taken by Father of the Nation Bangabandhu Sheikh Mujibur Rahman to take over operation of five gas fields from Shell Oil at a cost of 4.5 million pound on August 9, 1975. The programmes include bringing out... »

State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said the government is expected to increase gas supply by this year aiming to ensure the country’s energy security. “Our specialists and experts are working in this regard. I hope, this year we will be able to reach a better position for uninterrupted energy supply in the country,” he told a press conference at the Secretariat here. Nasrul said... »

The national grid is getting additional 16 million cubic feet gas daily (mmcfd) from Well-1 of Habiganj Gas Filed. BAPEX as the state run organization has completed work over of the well-1 and went to gas extraction from lower level from Sunday night, according to a release issued by the Bangladesh Gas Filed Company Limited (BGFCL). It said Habiganj Gas Filed under BGFCL is supplying additional 16 mmcfd of gas... »

The government has claimed liquidated damage (LD) from the US-based Excelerate Energy Bangladesh Ltd (EEBL), as the latter ‘failed’ to commission and initiate re-gasification of imported LNG (liquefied natural gas) timely, said officials. The loss caused due to delay or failure in completion of the work as per the agreed contract conditions imposed by the employer or client is meant as LD. A senior official of the Petrobangla said the... »

Consumers’ right groups on Thursday severely criticized the gas distribution companies for sanctioning loan for gas and oil exploration without approval from the regulatory authority Bangladesh Energy Regulatory Commission (BERC). According to sources, various gas distribution companies have already provided Tk 230 crore loan to state-owned Bapex to help facilitate exploration of oil and gas in a shallow sea block in the Bay. In return the Bapex will pay back... »

Titas Gas Transmission and Distribution Company Ltd (TGTDCL) on Tuesday urged the government to raise its average tariff rate for per cubic meter gas to Tk 0.4987 considering the cost of Liquified Natural Gas (LNG) import. TGTDCL managing director Mir Mashiur Rahman made the plea at a public hearing on Tuesday over the proposed price hike of natural gas. “We require the tariff hike to overcome fund crisis, ensure private... »