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?
The gas crisis in the Chattogram region turned serious when the gas supply from the floating LNG terminal at Maheshkhali in Cox’s Bazar stopped due to a technical fault around 10:00 pm on Thursday night. Although the supply started after the terminal fault was fixed around 10:30 pm on Friday night, the situation has still […]
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 […]
Spain plans to switch to 100 percent renewable energy
According to Petrobangla, the daily demand for gas in the country is 3,800 million cubic feet. The daily supply of gas has now come down to below 250 cubic feet. There are two floating terminals at Maheshkhali in Cox’s Bazar to convert imported LNG for pipeline supply. Among them, the terminal operated by US-based Accelerate […]
Due to high demand for electricity during summer, the problem of load shedding increases. Load shedding is also relatively low due to low demand during winter. But the common consumer never gets uninterrupted power supply. However, the case of VIP customers is different. Apart from the energy crisis, the biggest problems of the power sector […]
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 […]
Norway should continue delivering natural gas to Europe for as long as it is needed, while also working to decarbonize the continent’s energy systems, Norway’s climate and environment minister said Friday. “We think it’s strategically important that we maintain these deliveries as long as use continues, but we also need to transition away from natural […]
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 […]
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 […]
Moderating the roundtable, Major General (Retd) ANM Muniruzzaman, President of the Bangladesh Institute of Peace and Security Studies (BIPSS), said that as Bangladesh celebrates 50 years of bilateral relations with the European Union, it is high time that we Discuss how the EU footprint can benefit Bangladesh and the India-Pacific region economically. “I believe that […]
The government informed that of the three LNG terminals to be set up, two will be floating – known as floating storage and regasification units (FSRUs), while one will be a land-based terminal. According to official sources, all the three LNG terminals will be set up on the basis of unsolicited proposals received from local […]
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 […]