Dhaka Saturday, Mar 25, 2023
Gas Sector
State Minister for Power, Energy, and Mineral Resources Nasrul Hamid today said gas bill worth Tk 6,365 crore is due from public and private sectors. Due to this, undertaking numerous service-related initiatives is not being possible, he said during a visit to Titas Gas Transmission and Distribution Company. For all latest news, follow The Daily Star’s Google News channel. The due amount includes Tk 745 crore from public sector while... »
Bangladesh Energy Regulatory Commission (BERC) has reduced the price of Liquefied Petroleum Gas (LPG) by Taka 50 from 1,228 for a 12 kg cylinder at retailer level. “The newly fixed price of LPG is Taka 1,178, which was Taka 1,228. It will be effective from today at 6pm (January 3) and all licenses of LPG marketing companies will implement the price,” according to a statement issued by the BERC today.... » 
UNB: Government decided not to provide new gas connections to houses in April The High Court has issued a rule questioning why the government’s decision to not provide new gas connections to residential areas should not be declared illegal. The court on Monday also asked why returning money instead of giving connections and the government’s inactivity to provide connections in households will not be declared illegal. The bench of Justice... » 
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... » 
Bangladesh will begin gas exploration drilling in its maritime areas on Wednesday. Bangladesh and India will jointly drill a new block in the Bay of Bengal under Production Sharing Contracts (PSCs) in a bid to increase gas production in the country, according to media reports. The SS-4 or Shallow Sea-4 block, located offshore in the Bay of Bengal, will be drilled under Production Sharing Contracts (PSCs) by Indian state-owned ONGC... » 
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... »