Dhaka Monday, Feb 6, 2023
- Adani’s Power To Come To Bangladesh In First Week Of March: Nasrul Hamid
- Hasina Asks Why Gas And Power Should Be Subsidised
- `Otherwise, Our Suffering Will Continue’: Tawfiq e Elahi
- More subsidies to stall country’s development wheel: PM
- Click here to find Corona Virus Update
- The Current Oil Price Rally Is Reaching Its Limits
Gas Sector
The regulator reduced the retail prices of liquefied petroleum gas (LPG) by 7.79 per cent for May trading, to a little relief for an umpteen number of consumers who have to depend on this costly fuel. Now the private operators will have to sell a 12-kilogram cylinder of the cooking fuel at Tk 1335, down from Tk 1439 of April, according to the monthly price adjustment announced Thursday by Bangladesh... » 
Authorities have confirmed the discovery of about 20 million cubic feet of gas per day at the Koilashtila Gas field in Bangladesh’s Sylhet. State minister for power, energy and mineral resources Nasrul Hamid announced the discovery in his facebook status on May 2. “I like to share a good news regarding gas supply just before the Eid. Our state-owned Sylhet Gas Field Limited has discovered about 2 crore (20 million)... » 
The gas supply to the Rajshahi Division will be cut off for 48 hours coinciding with the night of Eid, as the authorities will repair the transmission lines. The gas outage will start at 10 pm on Tuesday for hook-up work on the GTCL-30 inch diameter Elenga-Jamuna (East End of Bangabandhu Bridge) Gas Transmission Pipeline in Tangail, Pashchimanchal Gas Company Ltd said in a statement. “During this time, gas supply... » 
Increasing gas and power price will make things worse for people, while they are already faced with inflation and price hike, said Consumers Association of Bangladesh (CAB) in an online press conference they organised yesterday. They also said the current policy is being conducted in the favour of “some influentials” as the government is not emphasising exploring other options enough and is focused on importing liquified natural gas (LNG). In... » 
The cabinet committee on government purchases in a meeting on Tuesday approved proposals for importing 3.75 lakh tonnes of fuel oils and 33.6 lakh MMBTU of liquefied natural gas. The committed accepted the proposal of the Bangladesh Petroleum Corporation to buy 3.75 lakh tonnes of fuel oils. Of the amount, 3 lakh tonnes are gas oil to be purchased from the Indonesian companyof PT BumiSiakPusakoat Tk 3,274.32 crore and the rest... » 
The government now intends to get advice from global experts to carry out the country’s overall liquefied natural gas (LNG) purchases, terminal development and other relevant activities. State-run Rupantarita Prakritik Gas Company Ltd, a wholly owned subsidiary of Petrobangla, has already invited international consulting firms to submit expressions of interest (EoIs) for advising on technical, commercial and financial issues on LNG. Bangladesh is currently undergoing a natural gas crisis with... »
The government has withdrawn the decision of keeping stop the use of gas from 5pm to 9pm daily for industrial customers, which was earlier imposed on the occasion of the holy Ramadan. National oil company Petrobangla announced the withdrawal of the decision in a notice on Thursday. Industrialists expressed dissatisfaction after the government ordered them to stop using gas from 5pm to 9pm daily from Apr 11 amid a shortage... » 
The authorities concerned have instructed the Titas Gas Transmission and Distribution Company Limited to conduct a comprehensive study on the allegation that non-metered consumers of gas pay almost double the amount paid by metered consumers for similar use. The instruction has been given by the Energy and Mineral Resources Division at a monthly meeting to review the implementation of the Annual Development Programme of the ministry. For all latest news,... »
Bangladesh will be able to import liquefied natural gas (LNG) from spot market at lower rates if the government purchases the fuel through open-tendering method instead of the existing selective- and limited-tendering process, market insiders and experts said. Rupantarita Prakritik Gas Company Ltd (RPGCL), a wholly-owned subsidiary of the state-run Petrobangla, currently invited bids from only 16 listed suppliers to purchase LNG from spot market. But among the 16 suppliers,... » 
After ordering CNG filling stations to remain closed for six hours every day, the government has told industry to stop using gas from 5 pm to 9 pm daily amid a shortage during Ramadan. The suspension order will be effective for 15 days from Tuesday, national oil company Petrobangla said in a notice on Monday. Industrial customers will have to switch off gas connections during this period and the distributors... »