Norway will subsidize a larger portion of household electricity bills and extend the scheme until the end of 2024, the government said on Wednesday. The minority centre-left government has been under pressure to reduce household electricity bills, with the cost of living a main concern for voters. “These are reforms that ensure the government pays […]
Bangladesh government has decided to buy a cargo of liquefied natural gas from JERA Company of Japan at ‘spot market’ rate in an effort to rapidly increase fuel supply and power generation. The total cost of the shipment will be Tk 6.9 billion. State-run Parivarthana Natural Gas, a company under Petrobangla, will buy 3.36 trillion […]
Pakistan’s annual LNG imports fell to the lowest level in five years, even as electricity demand surges in 2022 as European buyers crowd out price-sensitive consumers. “We have some of the most efficient regasified LNG-based power plants in the world. But we don’t have the gas to run them,” Dastgir said in an interview. He […]
In 2008, Bangladesh was able to produce 1,744 million cubic feet of gas per day, and this increased to 2,750 million cubic feet in 2018. According to him, the volume has currently fallen to 2,300 million cubic feet amid energy crunch. The Prime Minister highlighted his government’s success in increasing agricultural production by improving fertilizer […]
“We will have to adjust electricity prices once again next month. We may reduce it again next month if fuel prices come down,” the state’s minister for power, energy and mineral resources said on Monday. “We do not have the opportunity to provide more subsidies. Prices should be readjusted.
BGMEA seeks support of buyers Citing high gas, electricity and production costs, the BGMEA sent a letter to foreign buyers and brands seeking assistance. A group of apparel exporters has asked them to relax the conditions for buying clothes and other items from specific companies in their orders. The gas price was last week fixed […]
Minister of State for Power and Energy Nasrul Hameed has said that the demand for power will increase by about 1,500 MW to about 16,000 MW during the irrigation season this year. Speaking at Vidyut Bhawan during an inter-ministerial meeting on Tuesday, Nasrul directed agencies to be prepared for increased demand so as to ensure […]
Precious Ocean Floor Nodes Negotiations continue despite the obstacles. BP said it was committed to a mutually acceptable outcome through ongoing commercial discussions, while Oersted said it was confident an agreement could be reached to allow both projects to proceed. Regulators and industry experts say there is hope on the horizon for land-sharing wind and […]
The government has increased natural gas prices for industrial units and power producers for the second time in only six months. The government on Wednesday said the price of gas has been fixed at a flat rate of Tk 30 per cubic meter for industrial units of all sizes. Earlier, large industrial units had to […]
Given the fragmented and hurried nature of the response, it is impossible to estimate the total value of the support, but tens if not hundreds of millions of dollars worth of transformers and generators have been shipped. Challenges include finding the right hardware to meet Ukraine’s needs. As a former member of the Soviet Union, […]
Cook said the lowest Friday morning temperature in the United States was recorded in Havre, Montana, where the thermometer read minus 38 F (minus 38 Celsius). But the cold may prove to be an even greater public safety threat in the American South, as those regions are less used to cold and snow. “Bundle up […]
On the battle front, Zelensky said Ukrainian forces were holding positions along the front line, including near Bakhmut, which was seen as Russia’s next target through Donetsk. In its evening report, the General Staff of the Ukrainian Armed Forces said that Russian forces pressed for better tactical positions to advance on the town of Bakhmut […]
