Energy Bangla

Energy electricity and environment news portal

Dhaka Sunday,  Apr 14, 2024

Gas Sector

Bangladesh Energy Regulatory Commission (BERC) has lowered the prices of liquefied petroleum gas (LPG) by 17 per cent per kilogramme for April sales. BERC Chairman Md Nurul Amin made the announcement at a press conference on Sunday, reports The BERC chairman said the retail price of LPG per kg will be set at Tk 98.17, a Tk 20.37 drop from the Tk 118.54 in March. “The good news for... »
The prices of liquefied natural gas have dropped in the global market months after Bangladesh decided to import spot cargoes of the commodity to alleviate a domestic gas crisis. Buoyed by the development, Petrobangla, the state-run oil company, is increasingly confident about maintaining a normal gas supply until June. The Cabinet Committee on Government Purchase on Thursday approved the procurement of one cargo, or 3.36 trillion Btu of LNG from... »
Prime Minister Sheikh Hasina yesterday sought increased energy particularly Liquefied Natural Gas (LNG) from Qatar to meet the energy demand amid the Ukraine war. She made the request during a meeting with the Emir of Qatar Sheikh Tamim bin Hamad Al Thani, held on the sidelines of the United Nations Conference on Least Developed Countries (LDC5) at Qatar National Convention Centre (QNCC) in Doha. Now Bangladesh is importing some 40... »
The Bangladesh Energy Regulatory Commission (BERC) has reduced the price of Liquefied Petroleum Gas (LPG) by Taka 76 from 1,492 for a 12-kg cylinder at the retailer level. “The newly fixed price of LPG is Taka 1,422, which was Taka 1,492. It will effect from today (Thursday) and all licenses of LPG marketing companies will implement the price,” according to a statement issued by the BERC today. It said the... »
The Bangladesh government has decided to buy one cargo of liquefied natural gas from Japan’s Jera Co at a ‘spot market’ rate in an effort to rapidly increase the fuel supply and power production. The total cost of the shipment will be Tk 6.9 billion. The state-run Rupantarita Prakritik Gas, a company under Petrobangla, will buy 3.36 trillion Btu of LNG at $16.5 per unit, according to Syed Mahbub Khan,... »
Price of Liquefied Petroleum Gas (LPG) has substantially increased by Tk22.15 per kg to Tk124.85 from the previous price of Tk102.70 per kg for the month of February. Bangladesh Energy Regulatory Commission (BERC) announced its latest price through a press release on Thursday. As per the new price, 12kg LPG cylinder cost has increased by Tk329 as a retail consumer will get it at Tk1561 instead of previous price of... »
The government has resumed importing LNG (liquefied natural gas) from the international spot market. According to official sources, the Cabinet Committee on Government Purchase (CCGP) approved a proposal of the state-owned Petrobangla to import one cargo of LNG. Agriculture Minister Abdur Razzaque presided over the meeting held virtually on Wednesday. The government had earlier suspended the import of LNG from the international spot market in July 2022 following the excessive... »
The newly discovered Bhola north-2 appraisal well in Bhola has probable gas extraction over 20 million cubic feet per day as its drilling has been successful, according to the ministry statement issued today. State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that the state owned Bapex brought good news for the country during the ongoing global energy crisis. “Bapex has to continue it’s exploration work for natural... »
The government, in an executive order on Wednesday, increased retail piped gas prices in four consumer categories by up to 179 per cent with effect from February 1. Four other consumer categories—household, fertiliser, the tea industry, and compressed natural gas—did not see any change in their rates but were bracing for multiple impacts from the price hike. The hefty increase in prices of gas meant for use in power generation... »
Prime Minister Sheikh Hasina yesterday in parliament told businessmen that the government could give them uninterrupted gas supply if they agreed to pay the rate at which the government bought gas from international market. “If they want uninterrupted gas supply, they would have to pay the same price that the government pays to procure gas. There is no reason to provide subsidy here,” she said. The PM made the statement... »