The old gas pipelines in the capital will be replaced, said State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Tuesday.
“We’re planning to replace the existing pipelines which are very old,” he said while speaking at the inaugural session of the two-day South Asia LNG Forum 2019 conference at Sonargaon Hotel in the city. Nasrul said the government has been working to ensure the adequate supply of natural gas at affordable costs.
He also said the government is planning to provide a pricing projection of natural gas over the next five to 10 years to help potential businesses to chalk out their future investment plan. “This projection will necessarily help the investors adopt a long-term fiscal planning,” the junior minister said.
South Asia LNG Forum organised the conference to focus on the potentials of “utilising natural gas and LNG through infrastructure development and distribution” to meet the increasing demand for power. -UNB