Energy expert M Shamsul Alam said the actual amount of load shedding is much higher. Evidence of additional load shedding has also been found in the records of power distribution agencies delivering electricity to customers. The largest power distribution company, Rural Electrification Board (REB), carried out load shedding of 3,483 MW this Monday alone. Against […]
Under an automated pricing system, officials now adjust fuel prices according to the international market at the beginning of each month. Fuel prices went down due to adjustments in the last two months. As per the latest notification, diesel and kerosene will be sold at Tk 107 per liter instead of the previous Tk 106. […]
“We are expecting natural gas reserves in four areas of the well. We are assuming that we will be able to extract 10 million cubic feet of natural gas from each of these fields which will be added to the national grid. BAPEX officials say the country needs additional gas to further fuel its economy […]
Several senior diplomats, speaking on condition of anonymity, said that Qatar's former Emir Hamad bin Khalifa Al Thani had visited Bangladesh in 2005. Another Emir of Qatar is set to visit Bangladesh after almost two decades. Qatar's diplomatic relations with the Arab League, particularly other Middle East countries and Arab countries led by Saudi Arabia, […]
Bangladesh is finally going to issue a fresh international tender next week for oil and gas exploration in the Bay of Bengal. Many international companies have already shown interest in bidding. Petrobangla, the government-owned agency involved in natural gas, oil, coal and mineral resources, has invited 55 companies in the tender process. Sources in the […]
The state minister and the Chinese ambassador also discussed the China-funded projects, setting up a lithium battery factory, and semiconductor factory, electric vehicle, battery storage system, smart meter, solar power projects, wind power projects, generating power from wastes, and exploration of gas. Welcoming Yao Wen, Nasrul Hamid stated that China is a tested friend of […]
The Prime Minister further said that the government has focused on controlling the current war induced inflation and reducing hardship for the people. “For this purpose, we have laid emphasis on increasing all types of production.” ITFC CEO Engineer Hani Salem said they will provide all possible support to realize Sheikh Hasina's 'Smart Bangladesh' vision […]
Before increasing the electricity prices, the government has increased the prices of gas used in electricity generation. The new price of Rs 14.75 per unit will be implemented from next February for all government and private power generation plants. Earlier the price was 14 taka.
Like last year, this year too there is uncertainty regarding fuel supply. Involves the use of gas in producing electricity at low cost. The demand for gas in the power sector is about 2.32 billion sft. Last year the maximum supply of gas was 1.30 billion cft. The current supply is 850 million cft. The […]
Is hydrogen a sustainable energy?
Qatar is one of the world’s top LNG producers, along with the United States, Australia and Russia. Asian countries, led by China, Japan and South Korea, have been the main markets for Qatari gas, but demand has also increased from European countries after Russia’s war on Ukraine put supplies in doubt. The agreement follows a […]
BERC is determining the price of LPG from April 2021. Propane and butane, the two main ingredients of LPG, are imported from different countries. Saudi-based company Aramco reveals the prices of these two materials every month. This is known as the Saudi Cargo Price (CP). BERC adjusts the price of LPG by considering CP as […]
Kabi, who is also Chief Executive of QatarEnergy, said, “This new agreement will further strengthen our relationship with Accelerate, while also supporting the energy needs of the People’s Republic of Bangladesh and its progress towards greater economic growth. “ Asian countries led by China, Japan and South Korea are the main markets for Qatar’s gas, […]
Banks are not able to provide dollars to repay the dues of foreign companies in the power and energy sector. Bangladesh had reserves of more than 48 billion US dollars, which has reduced to 25 billion US dollars. According to the International Monetary Fund (IMF) formula, the reserves are US$20 billion. Experts blame dependence on […]
How to compensate for the shortfall in gas production?