Supplies from liquefied natural gas (LNG) have declined further, meaning the ongoing gas shortage is unlikely to end immediately. The crisis may continue for several days. The floating LNG regasification terminal that converts imported LNG into pipeline gas remained out of operation on Saturday, officials familiar with the matter said. Many areas of the capital […]
Industry experts say Bangladesh has not discovered any major new gas fields in the last three decades and exploration activities remain slow. Domestic gas production stood at 2.7 billion cubic feet per day as recently as 2017, but has since declined steadily and is now below 1.65 billion cubic feet. LNG imports began in 2018. […]
The price of a 12.5 kg LPG cylinder supplied by the state-owned company remained unchanged at Tk 825. Meanwhile, the price of LPG, used as auto gas, has been reduced from Tk 86.93 to Tk 70.40 per litre. BERC is fixing LPG prices from April 2021. Propane and butane, the two main components of LPG, […]
Additionally, a ship carrying base oil from Thailand is waiting for unloading at the outer anchorage. Two ships, ‘Bivek Bornholm’ and ‘Morning Jane’ are en route to port and are expected to arrive by 25 March. Meanwhile, the vessel ‘LPG Seven’ from Oman is actively offloading gas. The ship ‘AB Olivia’, which transported base oil […]
At a time when diesel stocks in the country are depleting, the 31,000 tonne ship named SPT Themis is heading towards the port. According to ship-tracking websites, it is expected to arrive on March 12. Meanwhile, a ship named Hua Sun has arrived from Malaysia with 14,000 tonnes of condensate, a gas by-product. Condensate is […]
Amid ongoing supply concerns, imports of liquefied petroleum gas (LPG) have increased this month compared to last month. However, full relief is yet to return to the market. Traders say initiatives to increase LPG imports from alternative sources due to tensions in the Middle East will reach ports by the end of this month, further […]
BNP pledges for gas sector The BNP’s election manifesto includes three pledges regarding the gas sector. Firstly, BAPEX (Bangladesh Petroleum Exploration and Production PLC) will be strengthened to promote onshore and offshore gas exploration through geological survey and well drilling, while ensuring a transparent, technology-based resource management system. Second, to keep fuel prices affordable and […]
The government has directed that all CNG filling stations across the country will remain closed for six hours daily during the holy month of Ramzan to ensure uninterrupted gas supply to power plants where demand increases during this period. This information was given in a notification issued by the Energy and Mineral Resources Division today, […]