Energy Bangla

M Azizur Rahman, FE: The state-run Petrobangla has planned to import around one-fourth of the country’s total LNG requirement from the spot LNG market to keep open the option of sourcing the fuel from diverse sources. The remaining volume of liquefied natural gas (LNG) would be procured from long-term suppliers, a senior official of the state-run agency told the FE on Monday. Petrobangla has already initiated deals with a total... »

The government is set to install one more Floating Storage and Re-gasification Unit (FSRU) LNG terminal at Moheshkhali by April 2019. “We will install the second FSRU with a capacity of 500 mmcfd LNG by April 2019,” State Minister for Power, Energy and Mineral Resources Nasrul Hamid told BSS yesterday. He said the national grid would get 1,000 500 million metre cubic feet LNG per day (mmscfd) from 2019, adding,... »

The Korean government will order 140 liquefied natural gas ships, worth 1 trillion won ($880 million), from the nation’s small and midsized shipbuilders by 2025, and provide 1.7 trillion won in financial assistance, officials quoted by Korea’s press agency Yonhap said Friday. “In order to set small and midsized shipbuilders apart from their rivals from China and Japan, it is necessary for them to be first movers in the eco-friendly... »

Bangladesh will resume liquefied natural gas (LNG) imports this week after resolving issues with its sole floating storage and regasification (FSRU) unit, a senior official said on Monday, reports Reuters. Two cargoes, meant to be delivered on November 07 and November 15, had been cancelled as the FSRU was closed due to problems with a hydraulic line that operates an emergency shutdown valve. “The problem with the hydraulic line has... »

Re-gasified liquefied natural gas (RLNG ) supply to the country’s maiden FSRU recommenced on Thursday morning after a 12-day disruption through resolving the glitch in an underwater hydraulic valve. US-based Excelerate Energy’s vessel Excellence restarted re-gasifying LNG at around 6:30 am, which reached Chattogram area at around 10:00 am at 100 million cubic feet per day (mmcfd). Re-gasification increased to around 126 mmcfd at around 12:40 pm. Supply of RLNG... »

Ruhul Amin has been appointed as the new chairman of Bangladesh Oil, Gas and Mineral Corporation which is well known as Petrobangla. He is currently serving as the additional secretary at Energy and Mineral Resources Division. He’ll start his new office on 1st December. The ministry of public administration issued a gazette signed by Deputy Secretary Mohammed Abdul Latif in this regard. Abul Mansur Md Faizullah (additional secretary), the current... »

Acute nationwide gas supply crisis since Saturday made it difficult for families to prepare food for school going children and office goers. Gas supply crisis also hit businesses hard as they can’t operate gas fired generators in the event of power failures. The problem affected families and businesses in the capital and the port city of Chattogram. Titas Gas Transmission and Distribution Company Limited said that the crisis cropped up... »

The pipeline that carries Liquefied Natural Gas (LNG) gas in Chittagong is found defective once again which interrupted the supply of imported gas to the grid. The absence of supply of the imported gas has caused a gas crisis in the Chittagong region. This gas crisis has forced a few gas-fired power plants in the Chittagong area to stay closed. Sources from Petrobangla informed that, the supply of LNG stopped... »

Bangladesh Energy Regulatory Commission (BERC) has decided not to raise the gas price ‘considering the overall situation’. The watchdog announced its decision at a press conference at the commission office in the city on Tuesday. “Under the present circumstance, we find no reason to raise the gas price,” said BERC Chairman Monwar Islam while briefing reporters. He, however, did not directly respond to the question that there is a perception... »

The process of raising the gas price has got postponed. Bangladesh Energy Regulatory Commission (BERC) has sidetracked the tariff hike process for now as it was suggested by the Prime Minister, claimed the sources from BERC. Prior to this move, BERC was almost in the final stage to raise the gas tariff for the sectors of CNG, power and industry. BERC is bound to impose new prices of energy and... »