To face the increasing demand of gas, Sylhet Gas Fields Limited (SGFL) is working with an aim to increase gas production by 7 times by the end of 2025.

Energy activists criticised the government’s decision to extend contracts of four private rental power plants, saying the authorities should have focused on utilising the full capacity of existing plants instead.

Bangladesh has the potential to generating over 4,000 megawatts of electricity from rooftop solar panels, said Alamgir Morshed, executive director and CEO of Infrastructure Development Company Limited (Idcol).

The Bangladesh Energy Regulatory Commission (BERC) yesterday hiked the price of liquefied petroleum gas (LPG) even though its price dropped in the international market.

The government yesterday decided to renew contracts of four expensive furnace oil-fired private power plants for two years with the condition that they would not get capacity charges.  

Some 11 proposals including extension of four rental power plants and import of 200,000 metric tonnes of rice from Myanmar received the nod of the Cabinet Committee on Government Purchase (CCGP) today (September 7, 2022).

Gas supply will be suspended for 12 hours in some areas of the capital tomorrow due to an emergency pipeline work, said a Titas Gas press release today (September 7, 2022).

Though the Saudi CP price of liquefied petroleum gas (LPG) in international market slashed, Bangladesh Energy Regulatory Commission (BERC) has hiked its price due to high rate of dollar exchange.

The number of filling stations that dispense liquefied petroleum gas (LPG), also known as Autogas, is on an upward trend across the country as consumption is growing amid government efforts to cut dependency on  compressed natural gas (CNG) and fuel oil.

Chevron Bangladesh has  secured approval for the expansion of the Bibiyana gas field on its northern flank, augmenting the existing contract zone by 60 square kilometres. 

Bangladesh Power Development Board today (September 4, 2022) signed an agreement with a consortium to build a wind farm in Bagerhat’s Mongla that will produce 55MW electricity.

An agreement was signed today (September 1, 2022) between the Bangladesh Power Development Board (BPDB), the Narayanganj City Corporation (NCC) and Chinese firm U&D to develop the country’s second waste-based power plant.

Like fertiliser, the government would consider giving subsidies to farmers for diesel, Agriculture Minister Muhammad Abdur Razzaque said today.

Russian state-owned oil supplier Zarubezhneft JSC has sent samples of its crude oil to Bangladesh Petroleum Corporation (BPC).

The fuel price should have been left as it is instead of the Tk 5 cut per litre, which is unlikely to have any visible impact, said Tawfiq-e-Elahi Chowdhury, energy adviser to the prime minister.

Prime Minister’s Energy Adviser Tawfiq-e-Elahi Chowdhury today (August 31, 2022) said it would have been better to continue with the existing price of fuel instead of reducing it by Tk 5.

Thirty-five percent of all capacity payments the government made to independent power producers (IPPs) over the last three years went to two private companies and a joint venture.

The government’s decision to cut fuel prices by Tk 5 per litre would have little impact on the crisis that people are now facing, said economists and experts.

The first unit of the 1320MW coal-fired Maitree Super Power Plant at Rampal in Bangladesh has been synchronised with the country’s national electricity grid, ahead of its likely joint inauguration during Bangladesh Prime Minister Sheikh Hasina’s visit to India in September.

In light of the ongoing global energy crisis, Dhaka is seeking a long-term partnership with Delhi to buy its surplus fuel, said said Foreign Secretary Masud Bin Momen yesterday (August 29, 2022).