Fuel supply: Strong response from alternative sources, but delays remain likely

Meanwhile, Petrogas International has proposed to supply 100,000 tonnes of diesel and 25,000 tonnes of octane, offering a US$3 discount per barrel to Platts’ benchmark. Additionally, international engineering and energy infrastructure services provider BJN Group has offered to supply 300,000 tonnes of diesel, quoting a price of US$79.09 per barrel. Dubai-based trading company IL Tech […]

Israel attacks Iran gas field, in retaliation Iran attacks Qatar gas facilities

Iran’s targeting of residential areas and civilian infrastructure such as oil facilities, airports and desalination plants cannot be justified under any circumstances, the ministers said in a statement. “This pressure from Iran will be politically and morally counterproductive and of course we reserve the right to take military action if deemed necessary,” Saudi Foreign Minister […]

Gas supply suspended in Dhaka areas today: Emergency pipeline will operate from 10:00 am to 2:00 pm

Today, Sunday, gas supply will be closed for 4 hours – from 10:00 am to 2:00 pm – for emergency work on the pipeline in many areas of Dhaka. The areas where gas supply is suspended include Khilgaon, Nandipara, Bashabo, Madartek, Goran, Sipahibagh, Rampura, Banashree, Mugda and Manda. Titas Gas Transmission and Distribution Company Limited […]

Oil and gas exploration in Bay of Bengal: International tender issued after 8 years

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 […]