Taufiq-e-Ilahi Chowdhury, Energy Advisor to the Prime Minister, has said that although petroleum and gas prices are falling in the international market, the government will not make downward adjustments in electricity and gas tariffs until a stabilisation. He made the remarks while unveiling a publication titled Empowering Bangladesh by the Forum for Energy Reporters Bangladesh […]
At the national level, we need heads of state to accelerate negotiations to phase out fossil fuels and follow the example of those who are leading the way. Tuvalu, Vanuatu and the European Parliament have Supported Fossil Fuel Non-Proliferation Treaty. Colombia says it will Sanctions Discovery of new oil and gas. Costa Rica and Denmark […]
She said that they are currently building 100 economic zones across the country and offered land in economic zones to India, “I want Indian investors to invest in economic zones.” The Prime Minister thanked the Government of India and its people for extending unconditional support to Bangladesh during the Liberation War in 1971, as well […]
Bangladesh government has decided to buy a cargo of liquefied natural gas from JERA Company of Japan at ‘spot market’ rate in an effort to rapidly increase fuel supply and power generation. The total cost of the shipment will be Tk 6.9 billion. State-run Parivarthana Natural Gas, a company under Petrobangla, will buy 3.36 trillion […]
Stealing or Survival? In the opencast mines in Jharkhand’s Jharia Coalfield, men, women and children go into the mines as early as 3 a.m., where they collect coal until noon, before it is burnt into soft coke and loaded into sacks is done. They sell it to middlemen who pay around 100 rupees ($1.20) per […]
The International Monetary Fund has welcomed Bangladesh’s efforts to cut subsidies for the energy sector by increasing the prices of fuel oil, gas and electricity, indicating more price hikes. In a country report on government requests for loans, the IMF said authorities would explore options to gradually reduce energy subsidies. Control measures could exacerbate ongoing […]
The US Agency for International Development (USAID) is providing an additional $75 million in humanitarian assistance to help vulnerable Rohingya refugees in Cox’s Bazar and Bangladeshi host community members meet ongoing needs from rising food and fuel costs. With this new funding, USAID will work closely with the United Nations’ World Food Program (WFP) to […]
As per the organisation’s decision, traders will stop purchasing from depots from next Wednesday (January 18) and sales to consumers indefinitely next Sunday (January 22). Speakers at the meeting said, “The supply of fuel has been less than the demand for a long time. Sylhet oil traders have no option but to protest.” The announcement […]
Britain said Monday that its 75 million pound ($90.5 million) fund aimed at boosting domestic production of nuclear fuel for power plants and reducing dependence on Russian uranium supplies is now open for applications. The fund, announced in July, will provide grants to businesses involved in uranium conversion, a key step in the process of […]
A Singapore Airlines spokesperson said it is working closely with authorities to understand whether operations will be affected, adding “there are currently no changes to our scheduled operations.” Jade Energy, an importer that supplies about 40% of New Zealand’s transport fuel, said routine tests on Monday revealed conductivity levels above regulatory thresholds, although previous tests […]
The attacks have caused widespread blackouts, and cut off water supplies and heating to civilians when temperatures in some areas dropped to minus five degrees Celsius (41 degrees Fahrenheit). Authorities have scheduled power cuts several times a day to keep essential infrastructure working. In eastern Ukraine, where fighting is still raging, the governor of the […]
According to the Bangladesh Energy Regulatory Commission (BERC) Act, electricity and gas prices in the country are decided through public hearings. By amending the Act, the government wants to take control of the pricing decision. The cabinet has already approved the amendment. M Tamim, former special assistant on energy to the caretaker government’s chief advisor, […]
BERC fixes power and fuel prices after a period of 90 days under the current law. The cabinet approved the proposed amendment so that the government can also change the price in special circumstances. The argument argued that in view of the present world circumstances, it is necessary to adjust the price of electricity, gas […]
DHAKA MAY 5: The supervision has lifted prices of all kinds of fuels by Tk 2 per litre. As per an senior physical education instructor sequence of the supervision upon Thursday evening, per litre octane will be sole during Tk 79, motor fuel during Tk 76, motor fuel during Tk 46, kerosene during Tk 46 […]