Dhaka Saturday, Oct 16, 2021
Gas Sector
UNB: It plans to replace the ageing pipelines in 60 administrative zones, out of 139 zones across its command area Titas Gas Transmission and Distribution Company is going to take up a massive project to overhaul its age-old gas pipelines in Dhaka metropolitan city to make the flow more smoothly and minimize risks of accidents. Official sources said the plan for changing the ageing pipelines came to be regarded as... » 
UNB: Currently, the government is importing around five to six LNG cargoes, having the quantity of around 138,000 cubic metres every month International suppliers are offering long-term deals with Bangladesh to meet its soaring demand for liquefied natural gas (LNG), while energy experts and consumer rights groups want the government to go through a competitive bidding process to ensure transparency. Currently, the government is importing around five to six LNG... » 
State Minister for Power, Energy and Mineral Resources Nasrul Hamid today formally announced Zakiganj as the country’s 28th gas field – having 68 billion cubic feet of gas reserve. The state-owned Bangladesh Petroleum Exploration and Production Company (Bapex) made the discovery in June, but refrained from making any formal announcement as it was assessing the prospects of recovering gas from the drilled well at Ananadapur village in Zakiganj upazila, Sylhet.... » 
State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said the trend of development will be continued through uninterrupted supply of energy to industries. “The country has discovered a new gas field at Zakiganj in Sylhet, which is the 28th gas field,” he as the chief guest at a webinar on the occasion of National Energy Security Day-2021. According to a ministry statement, the new gas field is... »
Summit Oil and Shipping Co. Ltd. (“SOSCL”), the first and largest private sector importer and supplier of fuel oil to Bangladesh, announced recently that it has signed a Memorandum of Understanding (MOU) with Commonwealth LNG to collaborate in the supply of LNG to Asia, including Bangladesh. SOSCL is part of the Summit Group, Bangladesh’s largest infrastructure conglomerate. The signing ceremony took place at the Bangabandhu Auditorium of the Embassy of... » 
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... »