Dhaka Tuesday, Jul 14, 2026
- Government Begins Talks with IMF for a New Loan Program
- Power Division Opens Control Room to Address Flood Situation
- It Will Take Time to Break Free from the Cycle of Corruption in the Power Sector: Information Minister
- Electricity Prices Increased for All Consumers
- Approval Given to Purchase Three LNG Cargoes
- Diesel, Kerosene Prices Cut By 50p For November
- AI Boom To Fuel Natural Gas Demand In Coming Years, Report Says
- Bangladesh signs €477m deals with EU and EIB for renewable energy and more
- The Current Oil Price Rally Is Reaching Its Limits
Gas Sector
The government is planning to subsidise the use of LPG for cooking by accumulating money through a hike in gas prices for household users. The energy division would soon send a proposal to the Prime Minister’s Office for approval of prime minister Sheikh Hasina, who also holds the portfolio of power, energy and mineral resources, state minister Nasrul Hamid told New Age on Thursday. The energy division, if the prime... »
The government has cleared a proposal to sign a deal with Russia’s state-run Gazprom International to drill five wells in several gas fields in Bangladesh at an estimated cost of over $ 96.22 million. The Cabinet Committee on Government Purchase approved the proposal in a meeting chaired by Finance Minister AMA Muhith on Wednesday. The wells will be dug at Bakhrabad-10, Rashidpur-9, 10, and 12 in Sunamganj, and Srikail-4 in... »
Dr. Toufiq Ali assumed charge as the Chief Executive Officer, Karnaphuli Fertilizer Company Ltd. (KAFCO), on 21st June 2015. He had joined the erstwhile Civil Service (CSP) in 1968 and later moved to the Foreign Service. His last appointment while in the Government was Ambassador/Permanent Representative in Geneva. While in Geneva, he led Bangladesh in WTO trade negotiations under the Doha Round. After leaving the Government in 2007, he joined... »
The gas reserves in Bangladesh is enough to last until 2031, if the current rate of extraction is maintained, says the state minister for power, energy and mineral resources. Nasrul Hamid told Parliament this in reply to a question from MP Ayeen Uddin on Sunday. According to the state minister, 815.98 billion cubic feet of gas had been extracted until June this year. “If the rate continues, we’ll be able... »
Ignoring the growing demand for empowering BAPEX, the state-owned gas and oil corporation, the government has now moved to award Russian firm Gazprom the job of drilling the country’s four gas wells, energy experts alleged. These gas wells are Bakhrabad-10, Rashidpur-9 and 10 and 12 Srikail-4. The Energy Division on Sunday in a letter, which was signed by Deputy Secretary Jogendra Nath Sarkar, to the Cabinet Purchase Committee suggested that... »
The Prime Minister’s Office has directed the Energy Ministry to analyse Liquefied Natural Gas price in the international market to fix up tariff of imported LNG. In a bid to import 500mmcf gas (equivalent to LNG) per day, the government has planned to install country’s first LNG terminal at Maheshkhali in next two years, according to PMO officials. The PMO directives came before a meeting between Petrobangla, the state owned... »
All CNG stations across the country will remain open 24 hours from July 10 to July 19 to facilitate movements for the holidaymakers. Road transport and bridges minister Obaidul Quader made the disclosure after an inter-ministerial meeting at BIAM auditorium in the capital on Tuesday. The minister also said the movements of trucks, covered vans and lorries will be restricted on national and regional highways for three days before and... »
Bangladesh had a total of 14.32 trillion cubic feet (TCF) of gas reserves until March – the latest figure available. State Minister for Power, Energy and Mineral Resources Nasrul Hamid gave the figure in Parliament on Monday. Bipu was answering a query by ruling party lawmaker Md Mamunur Rashid Kiran. The state minister said 20 gas fields out of 26 were currently in production. “The initial reserves of the discovered... »
Country’s energy supply chain is facing serious trouble due to lack of coordination and management failure that has created a hue and cry among the consumers, especially in the Chittagong commercial belt. Due to a disruption in the gas supply chain, most of the gas-fired power plants in Chittagong faced blackout, forcing to power cuts in every alternative hours during the last couple of days. “It’s a demand side management... »
The country’s natural gas production is suffering a major setback because of the condensation of a huge stockpile of raw materials in different gas fields.The gas production of Chevron Bangladesh at Bibiyana gas field alone dropped 350mmcfd against its capacity of 1200mmcfd.Last Friday, Petrobangla asked the US energy giant to keep the production between 700mmcfd and 800mmcfd until the condensation crisis goes.Sate Minister for Power and Energy Nasrul Hamid on... »