Energy Bangla

13th August 2024: The Bangladesh Petroleum Exploration and Production Company (BAPEX) has discovered gas at four levels in a well at Ambarnagar union of Sonaimuri upazila in Noakhali. Report BSS The BAPEX started drilling a well at Wasekpur village under Ambarnagar union of Sonaimuri upazila in Noakhali and found natural gas reserve while drilling at 3,113 metres deep. Md Asaduzzaman, in charge of drilling the Begumganj-4 (West) valuation well, confirmed... »

The gas crisis, ongoing for nearly two months because of damage to the floating LNG terminal during Cyclone Remal, may last another week, said the State Minister for Power, Energy and Mineral Resources Nasrul Hamid. A memorandum of understanding, or MoU, was signed between Bangladesh Coal Power Generation Company Limited and PT Pertamina Power at the InterContinental, Dhaka hotel, on Monday. After the event, he said, “We were hopeful that... »

The price of a 12 kg liquefied natural gas (LPG) cylinder has been increased by Tk29 to Tk1,433 for January at the consumer level from December’s price of Tk1,404. The new prices came into effect on Tuesday evening, officials of the Bangladesh Energy Regulatory Commission announced in a press conference. As per the commission’s new rates, the private LPG price, inclusive of value-added tax, has been pegged at around Tk119.4... »

Bangladesh Energy Regulatory Commission (BERC) has reduced the price of liquefied petroleum gas (LPG) cylinders by Tk 30 to Tk 1,363 per 12kg. Earlier, the price was Tk1,393 at the consumer level. BERC chairman Nurul Amin announced the new tariff in a press conference in the capital on Monday afternoon. However, BERC has fixed the retail price of LPG at Tk 113.55 per kg. Therefore, the price of cylinders weighing... »

The government will buy one more LNG (liquefied natural gas) cargo from the international spot market for June delivery, according to a senior Petrobangla official. The Rupantarita Prakritik Gas Company Ltd (RPGCL) floated a tender on May 28 to purchase the spot LNG cargo for the June 28-29 delivery, he said. The bid winner may have an option to discharge the cargo at any of the country’s two floating, storage... »

Gas production started from the well no-14 of the Titas Gas Field on Saturday. According to the Energy and Mineral Resources Division, the gas supply from the well to the national grid began following the completion of the workover by the Bangladesh Gas Field Company Limited (BGFCL). Energy Secretary Md Nurul Alam formally inaugurated the gas supply from the well of the Titas field. Initially, the well will supply 12... »

Bangladesh Petroleum Exploration and Production Company Limited (Bapex) has discovered new gas in well No-8 of Kailashtila Gas Field in Sylhet. Officials of Sylhet Gas Fields Limited (SGFL) revealed this on Friday after the excavation work. With the new discovery, gas has been found in four wells of Sylhet in the last seven months, SGFL Managing Director Mizanur Rahman confirmed. He said since January last year, Bapex started the digging... »

Improving energy efficiency in Bangladesh could save $460 million annually and reduce reliance on costly liquefied natural gas (LNG) imports, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). As per report released today, the initiative to improve energy efficiency can help wean the country off its expensive import dependence as well. The report surveyed 51 industries with 124 gas-fired captive generators with a combined... »

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said seven reputed international companies purchased bid documents to participate in the bidding round for offshore hydrocarbon exploration in Bangladesh. Report UNB He said this while talking to reporters on the sidelines of the promotional seminar on “Bangladesh Offshore Bidding Round 2024″ at a city hotel on Wednesday. The state minister said huge presence of international oil companies in the... »

Petrobangla (Bangladesh Oil, Gas and Mineral Corporation) initiated an international tender in March for offshore oil and gas exploration, following the approval of the revamped model production sharing contract (PSC). This marks a resumption of exploration tenders after a prolonged hiatus, with the bidding round set to conclude by September. A promotional seminar was organized on May 8 at a Dhaka hotel to spotlight this offshore bidding initiative. At the... »