Energy Bangla

State Minister for Power, Energy and Mineral Resources Anindya Islam Amit has said that it will take at least another week to restore gas supply from the offshore Floating LNG (FLNG) terminal after repairs to the damaged facility. Speaking to reporters at the Secretariat on Monday, the state minister said that complete repairs could take up to two more weeks, meaning the ongoing gas crisis may persist during that period.... »

The Ministry of Commerce has set an export target of US$63.4 billion for the fiscal year 2026-27. Of the total, US$55.2 billion is expected to come from merchandise exports, while US$8.2 billion is projected from services exports. The government has set a 15 percent growth target for both sectors. Announcing the target at a press briefing at the Ministry of Commerce, Commerce Minister Khandaker Abdul Muqtadir said that despite global... »

The government has issued a gazette notification forming a 10-member Wildlife Commission, headed by the Secretary of the Ministry of Environment, Forest and Climate Change, to strengthen the protection and conservation of wildlife in Bangladesh. The notification was issued by the Ministry of Environment, Forest and Climate Change on Thursday. The commission will work to conserve the habitats of the country’s endangered wildlife, ensure the protection of wild animals, and... »

Amid rising inflation in consumer goods, electricity prices have been increased. The average electricity tariff has been raised by Tk 1.52 per unit. The average rate has been increased from Tk 9.11 per unit to Tk 10.63 per unit. The Bangladesh Energy Regulatory Commission (BERC) announced the new tariffs on Wednesday. The increased rates will take effect from June 1 of the current month. At the same time, the wholesale... »

Approval has been given to purchase three cargoes of Liquefied Natural Gas (LNG) from the spot market. The LNG is being procured through an international quotation collection process in accordance with Rule 105(3)(a) of the Public Procurement Rules 2025. The Cabinet Committee on Government Purchase approved the proposal on Thursday. The proposals approved include the purchase of the 20th LNG cargo for June 8–9, the 21st cargo for June 9–10,... »

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... »

The Ministry of Power, Energy and Mineral Resources has directed the suspension of all construction activities at the 100 MW Madarganj Solar Power Plant in Jamalpur until further notice. This decision follows allegations of inflated project costs, comparatively high electricity tariffs, and questions regarding the appropriateness of the project site. At a meeting held on Wednesday, Muhammad Fauzul Kabir Khan, Adviser to the Ministry, instructed that a full investigation be... »

Dhaka October 31, 2024: The government has reduced the retail prices of diesel and kerosene by Tk 0.50 to Tk 105 per litre from Tk 105.50 for the month of November while the prices of octane and petrol were remained unchanged at Tk 125 and 121 per litre respectively. A press release of the Ministry of Power, Energy and Mineral Resources informed this, saying that this price adjustment was done... »

RAJSHAHI, Oct 29, 2024 (BSS)- Speakers at a participatory meeting unanimously viewed that concerted efforts of all the government and non-government organizations concerned can be the crucial means of welfare of people of climate internal migration. Adverse impact of climate change has been triggering the figure of internal migrants to a greater extent so there is no way but to joint efforts for welfare of the climate-victims as a whole.... »

A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt & Co said in a report on Tuesday. As much as 8.5 billion cubic feet per day of natural gas could be required additionally to match the rise in demand, the report added. WHY IT’S IMPORTANT U.S. power and... »