Dhaka Sunday, Jul 25, 2021
Gas Sector
bdnews The government plans to buy liquefied natural gas at $13.42 per unit, which is double the price from two months ago, as Asian spot prices jumped.The cabinet committee on government purchase approved the procurement of 3.36 million MMBtu (Metric Million British Thermal Unit) of LNG from US company Excelerate Energy on Saturday. This shipment of LNG will cost the government a total of about Tk 4.48 billion, Additional Cabinet... » 
BSS: Bangladesh Energy Regulatory Commission (BERC) has re-fixed the price of Liquefied Petroleum Gas (LPG) at Taka 891 for a 12 kg cylinder at retailer level. “The newly fixed price of LPG will be effective from tomorrow (July 1) and all licensed LPG marketing companies will implement the price,” Chairman of BERC Md Abdul Jalil said this at a press briefing on virtual platform. Announcing the new price of LPG,... » 
BSS: State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said that the government is continuing its efforts to turn Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) into an international standard one in gas exploration, extraction and production. He said this while commenting on adding gas to national grid by BAPEX’s Srikail East-1 gas exploration well in Brahmanbaria and Fenchuganj 4 number well in Sylhet after their... » 
UNB: Further adjusting with Saudi Contract Price (CP), the Bangladesh Energy Regulatory Commission (BERC) has re-fixed the price of Liquefied Petroleum Gas (LPG) at retail level with effect from May 1.As per the new prices, the private companies will have to sell 12 kg LPG at Tk 906 instead of the current price of Tk 975 while LP Gas Company Ltd, the state-owned company, will sell 12.5 kg LPG at... » 
Energy and mineral resources division’s senior secretary Anisur Rahman said that the government would monitor the market so that the new price of liquified petroleum gas (LPG) is implemented properly, reports UNB. He said this while addressing a webinar on “BERC’s LPG Pricing and Its Sustainability” organised by Energy and Power magazine on 17 April. The energy secretary’s remarks came against the backdrop of Bangladesh Energy Regulatory Commission’s (BERC) announcement... » 
bdnews: The government has capped the retail prices of LPG per 12kg cylinder at Tk 975, inclusive of value-added tax.Bangladesh Energy Regulatory Commission or BERC announced the new price rate from a virtual news briefing on Monday. LPG storing and processing companies can charge a retail price of Tk 76.12 without VAT and Tk 81.3 with VAT per kg, as per the new price list, said BERC Chairman Abdul Jalil.... » 
Natural gas consumers across the country owe around Tk 90 billion, of which electricity clients alone skipped two-thirds of the payment against their utility services. Officials said household consumers are the biggest defaulters of natural gas bills accounting for as much as Tk 26.42 billion. The second-highest defaulters is the power plant owners-both public and privately-run facilities-whose unpaid bills to different state-run gas marketing and distribution companies reached Tk 23.78... »
bdnews: The government is buying 6,720 mmcf liquefied natural gas or LNG from the spot market to meet a supply shortage in Bangladesh.The Cabinet Committee on Government Purchase approved power, energy and mineral resources ministry’s proposal to import the LNG from Singapore’s Vitol Asia in to phases on Wednesday. A journalist drew Finance Minister AHM Mustafa Kamal’s attention to allegations of bribery and manipulation against Vitol in the Americas at... »
The Bangladesh Energy Regulatory Commission (BERC) has finally initiated a move to set the price of liquified petroleum gas (LPG) at the consumer level. “We’ve already started a process following the BERC Act 2003 to fix LPG price at the retail level,” said a member of the regulatory body preferring anonymity. He said the public hearing might take place between 14-18 January next as BERC is taking time to complete... »
The country’s business conglomerate East Coast Group’s subsidiary Omera Gas One Limited has signed separate deals with Meghna, Jamuna and Padma oil companies to set up auto gas stations and supply LPG (Liquefied petroleum gas) across the country amid high hopes that the move would ease people’s sufferings in converting their vehicles into LPG-efficient. Through the signing of the agreements Omera Gas One Ltd will not only supply LPG to... »