Energy Bangla

No luck, for the citizens from mostly of Dhaka, Narayanganj, Chittagong, Gajipur and other high gas demanding areas as gas crisis will be there in this whole winter. The existing gas crisis will continue throughout the winter or even more as a technical fault was detected recently at the Bibiyana Gas Plant. The technical defect discovered in the transmission line of Bibiyana gas field, can take up to 2 months... »

Gas price is about to go up for once more. The Bangladesh Energy Regulatory Commission (BERC) is preparing to hike the gas prices soon. BERC related sources have confirmed that the Commission has finalized their decision and the new price will be declared soon. Earlier on last August, the BERC organized a public hearing in response to the ‘gas transmission tariff and price hike proposals’ submitted by the 7 state-owned... »

Ptrobangla, the state-run corporation signed an initial deal on today with South Korean Posco Daewoo International Corporation for gas exploration in Deep Sea block-12 (DS-12) of Bay of Bengal. The deal signing ceremony took place at the conference room of the Petro centre located at the city’s kawranbazar area. Md. Mahbub Sarwar, the director of Production Sharing Contract (PSC) for Petrobangla and Junggoo Junn, the New Venture Exploration Manager of... »

The Asian Development Bank (ADB) has approved a $167 million loan to promote sustainable economic growth and reduce poverty in Bangladesh by improving production efficiency at a key gas field north of the capital Dhaka, and by expanding transmission infrastructure. The Asian Infrastructure Investment Bank (AIIB) is expected to lend an additional $60 million, subject to board approval, which will be managed by ADB. It is the second project to... »

Omera Petroleum is about to set up a Liquefied Petroleum Gas (LPG) Import Terminal and Reforming Process Unit at Mirersorai of Chittagong. Hence, the Omera authority signed a Memorandum of Understanding (MoU) with Bangladesh Economic Zone Authority (BEZA) on Monday. The MoU signing ceremony took place at the BEZA conference room in city’s Karwan Bazaar area. BEZA Executive Board Secretary Md Ayub and Omera CEO Tipu Sultan signed the MoU... »

Almost two and half years have already been passed since the discovery of Rupganj gas field in Narayanganj but, the gas was not added to the national grid yet. The gas field was discovered by the State-owned Petrobangla’s exploration wing Bangladesh Petroleum Exploration and Production Company Ltd (Bapex). Petrobangla in June 2014 declared Rupganj the 26th new gas field in Bangladesh. But the plant couldn’t supply any gas to the... »

The High Court (HC) issued a rule asking why the price of Liquefied Petroleum Gas (LPG) should not be readjusted in the wake global price drop. The Bangladesh Energy Regulatory Commission (BERC) chairman has been ordered to respond to the rule within four weeks. The HC bench headed by Justice Md. Ashfaqul Islam and Khosruzzaaman issued the rule on Sunday. Lawyer Md. Saiful Alam was the petitioner’s lawyer. Earlier a... »

The Prime Minister’s Office (PMO) on Monday gave the go-ahead to a proposal for acquiring US oil giant Chevron’s assets in Bangladesh, worth an estimated $1.5 billion. Chevron operates three gas fields in the country — the Bibiyana, Jalalabad and Moulvibazar gas fields and sells its production to state-owned Petrobangla. The gas fields contribute around 58 percent of the country’s total gas production. To strike the best deal with Chevron,... »

CNG filling station owners decided not to go for the strike they threatened to enforce from Sunday. Bangladesh CNG Filling Station and Conversion Workshop Owners’ Association has called off their strike scheduled for Sunday following assurance from the authorities concerned that their demands will be met. The association’s general secretary Farhan Noor Bhuiyan said they decided to withdraw their scheduled strike after a fruitful meeting with the Bangladesh Road Transport... »

Owners of compressed natural gas (CNG) refuelling stations have threatened to enforce indefinite strike from October 30 if their demands including reduction of road rentals fees and scrapping government move to increase CNG price  are not met by this time. They came up with the announcement at a press conference at the Bangladesh CNG Filling Station and Conversion Workshop Owners Association office in Dhaka this evening. “All the CNG refilling... »