Dhaka Wednesday, Mar 3, 2021
- Texas power plants back online, but 325,000 households still in the dark
- Bangladesh’s power import to go up to 9,000 MW by 2041′
- Bangladesh to buy 6,720 mmcf LNG from Vitol Asia
- Proper construction management is crucial for timely completion of NPP
- Click here to find Corona Virus Update
- The Current Oil Price Rally Is Reaching Its Limits
Gas Sector
In order to lessen the price of Liquefied Natural Gas (LNG), the government has exempted duties (Customs Duty or CD) from LNG import. The Internal Resources Division of the government has already published a notification regarding this duty exemption which is taken to be enacted from 18th September of this year. Another proposal of duty (Supplementary Duty or SD) exemption from LNG import is awaiting approval and now has been... » 
Bangladesh Energy regulatory Commission (BERC) is likely to announce a fresh gas price chart for all except domestic and commercial consumers. “The fresh price chart will be announced within a day or two, as the BERC has obligation to take a decision by this week as per set rules of BERC that said the commission shall give its verdict within 90 working days,” a senior official of BERC told on... » 
Chevron Bangladesh has been recognized by the Ministry of Power, Energy & Mineral Resources as the largest natural gas producer of the country in the private sector. Chevron Bangladesh President Neil Menzies received a certificate and award in this regard from Prime Minister Sheikh Hasina at the inauguration ceremony of Power & Energy Week 2018 on Thursday at International Convention City, Bashundhara, in the city. Energy Adviser to the Prime... » 
The government has decided to keep all Compressed Natural Gas (CNG) stations open for 24 hours before and after four days of Eid-ul-Azha, a press release said here today. Power, Energy and Mineral Resources Ministry recently made the decision to remain open all CNG stations for 24 hours before and after four days of the Eid time, the release added. 
The Supply of Liquified Natural Gas (LNG) began in the port city of Chattogram since 2.30 pm on Saturday after 115 days of import. In the seventh attempt, the authorities became successful on Saturday. Earlier they tried six times since May 25 last. The commissioning of the FSRU has been shifted again and again. But the authorities have deferred the supply of imported liquefied natural gas to the national grid... » 
Mitsubishi Corporation (“MC”), the Japanese trading giant, has agreed to acquire twenty five percent (25%) interest in Summit LNG Terminal Co (Pvt) Limited (“SLNG”) and to develop a Liquefied Natural Gas (LNG) receiving terminal that uses a Floating Storage and Regasification Unit (FSRU) in Bangladesh. With the acquisition, seventy five percent (75%) of SLNG will be held by Summit Corporation Limited (“Summit”) and remaining by MC. Under the project, SLNG... »
Bangladesh entered a new era in the energy sector when it received its first consignment of liquefied natural gas (LNG) in the gridline on Sunday. Petrobangla chairman Abul Mansur Md Faizullah told that after missing several deadlines, the first consignment of LNG was finally shipped to the gridline on Sunday. “This, was, however done on a test basis. After we conduct some tests, commercial operations with shipped LNG will start,”... » 
Prime Minister’s Energy Advisor Dr Tawfiq-e-Elahi Chowdhury has said that there is no immediate plan of bidding for onshore gas exploration in the country. “But some international oil companies (IOCs) might be chosen for exploration work for few onshore fields on case to case basis”, he said while responding to a question at a seminar at Petrobangla in the city on Thursday. Energy and Mineral Resources Division organised the seminar... » 
The National Energy Security Day-2018 will be observed in the country on Wednesday. The Energy Division and its subsidiary bodies chalked out elaborate programmes to observe the day to commemorate the historic decision taken by Father of the Nation Bangabandhu Sheikh Mujibur Rahman to take over operation of five gas fields from Shell Oil at a cost of 4.5 million pound on August 9, 1975. The programmes include bringing out... » 
State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said the government is expected to increase gas supply by this year aiming to ensure the country’s energy security. “Our specialists and experts are working in this regard. I hope, this year we will be able to reach a better position for uninterrupted energy supply in the country,” he told a press conference at the Secretariat here. Nasrul said... »