Though the government is trying to reassure people, no one is believing it because the base has become weak. Apart from this, there is also pressure to fulfill various conditions of the International Monetary Fund (IMF). This multidimensional pressure has also affected the upcoming national budget. The growth rate which was more than 10 percent […]
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 […]
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.
Mentioning that Bangladesh has export potential, Syed Naseem Manzoor said, “Global brands like Walmart and Nike moved to shift their manufacturing facilities from China because manufacturing is becoming difficult in that country, and we need that. One has to make oneself capable to take hold of the business. We have to attract foreign investors.” Emphasizing […]
At that time, Mujabul Haq stood up and appeared to disagree with the Minister of State, but his speech could not be heard because the mike was switched off. Then Nasrul Hamid said that there might have been a fault in the transformer or transmission line in Mujibul Haq's union and it might have taken […]
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 […]
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 […]
According to sources in the Energy and Mineral Resources Division, the daily demand for gas in the country is 3.80 billion cubic feet. With 3 billion cubic feet of gas, it is possible to meet a large part of the demand in the industrial and residential sectors. However, the supply volume currently is less than […]
According to BERC, the price of LPG provided by private companies including value added tax has been fixed at Tk 119.40 per kg, which was Tk 117.02 last month. According to this, the price of LPG cylinders of different sizes will be decided. However, the price of LPG gas provided by government companies has not […]
Last month the price was increased by 79 taka. Due to the latest hike, a 12 kg cylinder of LPG will now sell for Tk 1,381 instead of Tk 1,363 in November. The regulator adjusts the price of LPG every month. A 12 kg cylinder is generally used for cooking in the city.
Government fertilizer factories have been unable to pay the increased gas price for more than a year due to financial constraints. If they pay the extra price, they will lose Tk 10,000 per tonne. However, a loss of Tk 35,000 per tonne is being incurred on importing the fertiliser. This is causing loss of valuable […]
LPG cylinders ranging from 5 kg to 45 kg are available in the market. Apart from domestic cooking, LPG is used in restaurants, transport and factories and the private sector accounts for 99 per cent of the country’s LPG market. However, the price of LPG supplied by state-owned companies did not increase. Besides this, the […]
Titas Gas Transmission and Distribution Company has proposed to increase the prices of both single and double burners by Rs 390 and Rs 512 per month respectively, claiming that the rates fixed by Bangladesh Energy Regulatory Commission (BERC) in June last year They are making losses while maintaining the prices. , *more to follow…
Bangladesh Energy Regulatory Commission (BERC) has reduced the price of Liquefied Petroleum Gas (LPG) by Rs 244 per 12 kg cylinder. Now the price of cooking gas is Rs 1,178 for a 12 kg cylinder, which was Rs 1,422 in March. The new rate was announced at a press conference at the BERC office in […]