Energy Bangla

Energy electricity and environment news portal

Dhaka Monday,  Nov 11, 2024

Gas Sector

US LNG developers see Trump win lifting pall over expansions Reuters U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans. Their confidence is buoyed by Trump’s promise to end an expanded Department of Energy review that has slowed new export permits. President Joe Biden had paused new non-FTA export permits and asked... »
Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan today said the government has taken an initiative to strengthen exploration work for natural gas aimed at mitigating the prevailing energy crisis. Report BSS “The energy crisis is being created due to declining gas reserves in the country. As a result, the government is forced to import expensive LNG,” he told journalists at his ministry conference room. Fouzul Kabir said... »
Price of liquefied petroleum gas (LPG) has been further increased to 121.32 per kg from the previous price of Tk 118.44 for the month of October. The new prices will be effective from 6 pm today (October 2, 2024). Bangladesh Energy Regulatory Commission (BERC) announced the new price, saying that a 12 kg LPG cylinder’s price has been increased by roughly Tk 35. A retail consumer now has to spend... »
Price of liquefied petroleum gas (LPG) has been further increased to Tk 118.44 per kg from the previous price of Tk 114.79 for the month of September. Bangladesh Energy Regulatory Commission (BERC) announced the new price, saying that a 12 kg LPG cylinder’s price has been increased by Tk 44. A retail consumer will now have to spend Tk 1421 for a 12 Kg cylinder instead of Tk 1377 (including... »
There are many bad names in the energy sector, and businessmen should move forward to overcome such scandals, said Muhammad Fouzul Kabir Khan, adviser for Power, Energy, and Mineral Resources. The private sector will be encouraged to participate in the energy sector, but only through competitive processes, the adviser also said during a meeting with representatives of the Bangladesh Solar & Renewable Energy Association (BSREA) at the Ministry on Thursday... »
The ministry of power, energy and mineral resources on Thursday decided to cancel the S Alam Group’s proposal for implementation of installation of Eastern Refinery Limited Unit-2. According to a press release of the ministry, the proposed project for the installation of ERL Unit-2 by Eastern Refinery Limited under Bangladesh Petroleum Corporation has been decided to cancel. It said that the implementation proposal was made under a public private joint... »
Bangladesh is struggling to arrange sufficient gas supply for half a dozen new gas-fired power plants with total generation capacity of around 3,510 MW due to heavy government subsidies and slow-moving reforms, according to project operators and market participants. Three new plants in the private sector are already in early stages of launch, while another three in the public sector will be ready by the end of 2024, Khandekar Mokammel... »
The government has cancelled four spot cargo deliveries of liquified natural gas or LNG with one of Bangladesh’s two import terminals damaged during recent cyclone Remal. The damage has left the terminal unable to receive shipments, Reuters reported citing two industry sources on Tuesday. Later, Energy Secretary Nurul Alam confirmed to bdnews24.com that the government had no option but to cancel the purchase orders. He said two of the four... »
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... »