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Asifur Rahman

gas connection.jpg

Gas supply returns to pre-crisis level

16 September 2026
Gas supply has returned to the level seen before the crisis began on July 21, as LNG output from the two floating terminals in Moheshkhali rose to nearly their regular volume for the first time in almost two months.
16 September 2026
Bangladesh spot LNG price

Bangladesh spot LNG nears $30, three times pre-war rates

15 September 2026
Bangladesh is now paying nearly $30 per million British thermal units (MMBtu) for liquefied natural gas from the spot market, almost three times what it typically paid before the war in the Middle East, as the government scrambles to secure supplies amid a prolonged gas crisis.
15 September 2026
FSRU-fragility-gas-supply.jpg

Bangladesh spot LNG nears $30, three times pre-war rates

14 September 2026
Bangladesh is now paying nearly $30 per million British thermal units (MMBtu) for liquefied natural gas from the spot market, almost three times what it typically paid before the war in the Middle East, as the government scrambles to secure supplies amid a prolonged gas crisis
14 September 2026
landing page.png

Red Sea tensions drive up import costs

14 September 2026
A crude oil tanker of Bangladesh Shipping Corporation (BSC), MT Ninemia, arrived at Chattogram port from Saudi Arabia on Saturday.
14 September 2026
electricity crisis in bangladesh.png

Power system running with little backup

12 September 2026
Bangladesh’s power system has little effective backup as shortages and technical problems simultaneously constrain gas, coal and liquid fuel generation, leaving the grid increasingly vulnerable when a major power plant goes offline.
12 September 2026
Moheshkhali LNG terminal project

Third LNG terminal deal: Chinese firm tipped despite cheaper offers

10 September 2026
US company NS Energy Navigation’s chief executive is the grandson of a ruling party lawmaker, which raises questions about the fairness of the selection process.
10 September 2026
Petrobangla LNG updated.png

Petrobangla loosens rules to attract spot LNG suppliers

8 September 2026
The state-run corporation will now allow companies to seek enlistment with just one successfully completed LNG supply contract and $50 million in financial capacity
8 September 2026
Novatek lng.jpg

Novatek proposes $950m seabed-fixed LNG terminal

7 September 2026
The company presented the concept to Petrobangla yesterday
7 September 2026
Adani Power to restore full power to Bangladesh

Clear $845m by June to avoid late charges

India’s Adani power has asked Bangladesh Power Development Board to pay $845 million in arears by the end of June or face charges for late payment.
19 January 2025
govt-debt.jpg

Government debt now in uneasy territory

Government debt increased 13.3 percent last fiscal year to a record Tk 18.3 lakh crore, raising concerns about repayment amid the low revenue mobilisation.
9 January 2025
Bangladesh energy import from Nepal

Tk 9,000cr unpaid bills: Power producers warn of supply disruption

The Bangladesh Independent Power Producers Association (BIPPA) has urged the government to clear half of its overdue payments, amounting to Tk 9,000 crore, within the next 10 days or contend with disruptions to the electricity supply during Ramadan.
8 January 2025
Gas crisis impacts households and industries

Gas crisis hits households, industries

Inadequate gas supply has been forcing Farzana Akter and Rabiul Islam to eat at restaurants every morning for two weeks.
7 January 2025
gas price hike for industries in Bangladesh

Major gas price hike in the works for industrials

Industrial and captive power connections would soon have to pay a much higher tariff for gas usage after the ministry of power, energy and mineral resources decided in principle to implement a new pricing structure to reflect the fluctuating global market.
6 January 2025
High Court verdict on caretaker government system

15Th amendment to constitution: HC scraps part that abolished caretaker system

In a landmark verdict, the High Court yesterday scrapped a part of the 15th amendment to the constitution that abolished the non-partisan caretaker government system.
17 December 2024
seven-global-oil.jpg

Offshore gas exploration fails to attract foreign firms

Seven global oil and gas companies purchased tender documents for gas exploration in the Bay of Bengal, but none submitted the papers within the deadline, which ended yesterday.
9 December 2024
Bay of Bengal gas exploration

No foreign firm shows interest in Bay of Bengal gas exploration

Seven purchased tender documents, but none submitted papers finally
9 December 2024
pdb.jpg

Reliance on captive power weakens PDB

Captive power, which the industrial sector in Bangladesh leans on heavily, has been weakening the financial health of the Bangladesh Power Development Board (PDB) by costing it customers that pay the highest tariffs.
4 December 2024
summit-and-petrobangla.jpg

Summit, Petrobangla disputing $22m bill

Summit has run into a payment dispute with Petrobangla over a $22 million bill for the four months its floating LNG terminal was out of commission as a result of damages from cyclone Remal.
3 December 2024
Bangladesh money laundering 2009-2023

$234 billion siphoned off during AL rule

A total of $234 billion was siphoned off from Bangladesh between 2009 and 2023, according to the white paper on the state of the economy.
1 December 2024
nahid-sample.jpg

The first night of curfew and a surprise ‘abduction’

It was a clear moonlit night. There was a slight breeze. An eerie quiet blanketed the streets.
29 November 2024
capital flight in Bangladesh during Awami League's tenure

$14b a year lost to capital flight during AL years

Bangladesh has lost around $14 billion a year on average to capital flight during the Awami League’s 15-year tenure, according to the draft report of the committee preparing a white paper on the economy.
28 November 2024
jatiya-nagorik-committee

Nagorik committee: Members split over ex-Shibir leader joining

Jatiya Nagorik Committee has included a former top leader of Islami Chhatra Shibir in its extended central committee, ignoring objections from a section of committee members.
26 November 2024
government struggles with power sector subsidies

Power, Energy Sector: Arrears, subsidies weighing down govt

The interim government is struggling to pay the power bill arrears that were caused largely by “unfair” contracts signed between the previous administration and power producers, and rising international fuel prices.
22 November 2024
Coal-fired power plant shutdowns in Bangladesh

Now coal power plants scaling back production

Coal-fired power plants are dialling down production or even shutting down due to financial, legal or technical issues, leading to power cuts across the country, especially the rural areas.
3 November 2024
Adani reduces power supply to Bangladesh

Outstanding bills: Adani halves power supply to Bangladesh

India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
1 November 2024
Bangladesh heatwave caused $21 billion loss

Heatwave cost Bangladesh $21b last year

Heat exposure had severe economic consequences for Bangladesh last year, leading to an estimated income loss of $21 billion due to reduced labour capacity, according to the latest Lancet Countdown report.
31 October 2024
Salehuddin-Mansur

AL govt put finance adviser, BB governor in legal trouble

The immediate past Awami League government’s failure to settle an international arbitration claim has left Bangladesh in a legal tangle in the US, leading to a surprise judicial order against two top officials of the interim government during their official visit to Washington last week.
29 October 2024
Energy Adviser Fouzul Kabir Khan interview

‘They got capacity charges for 16yrs. Not anymore’

A retired bureaucrat, Muhammad Fouzul Kabir Khan has been tasked with heading three significant ministries for the economy: power, energy and mineral resources; road transport and bridges; and railways.
25 October 2024

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