QatarEnergy signs 15-year gas supply deal with Bangladesh: impact on Asian and European markets

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, […]

Bangladesh’s solar power boom will create thousands of green jobs: A renewable energy revolution unfolds

Chaudhary said the rate per unit of electricity in recently approved independent solar photovoltaic (PV) projects is less than 10 US cents, while the cost of a unit of liquid fuel-based electricity in Bangladesh is more than 16 US cents. The economic benefits of the transition to solar energy are becoming increasingly clear to businesses […]

EU-Bangladesh energy cooperation: a new era with the ‘Global Gateway Strategy’

Ustubs also discussed general cooperation matters and the upcoming EU intervention with Prime Minister’s Private Industry and Investment Advisor Salman Rahman, Finance Ministry’s Economic Relations Division Secretary Sharifa Khan as well as the ministry’s Secretary MD Human Kabir. Railways and Rear Admiral Mohammad Khurshid Alam (Retd.), Acting Foreign Secretary, Ministry of External Affairs. Throughout his […]

SEO-friendly meta title: Government initiative to address energy crisis in industries

According to government estimates, the demand for natural gas by the financial year 2024-2025 will be 5,079 million cubic feet per day, which is about six percent more than the current demand. LNG is already being imported to meet the country’s growing demand with dwindling gas reserves and increasing economic activity. However, if import dependence […]

Government’s emphasis on private sector, innovation for modernization of power sector

However, the Minister of State said that the verification report recommends an MoU with the Ministry of Land. He said that six sites have been identified in the pre-feasibility report from where 6306.38 MW power can be generated from renewable sources. Chaired by MD Nurul Alam, Additional Secretary, Power Division, Munira Sultana, Chairperson, Sustainable Renewable […]