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Gas
ENOC keen to supply LNG to Bangladesh
UAE based Emirates National Oil Company Limited (ENOC) has shown expression of interest (EoI) to supply liquefied natural gas (LNG) to Bangladesh, thanks to the country’s growing demand of fossil fuel. Yusr Sultan Al Junaidy, ENOC Managing Director, has recently shown the interest to State Minister for Power, Energy and Mineral Resources Nasrul Hamid in this regard. Bangladesh is expected to consume 1000mmcfd of LNG gas in the current year. The energy and mineral resources division has already completed the negotiation with Qatar RajGas to import first installment of LNG late of this month. The Dubai-based ENOC Group comprises more than 30 related subsideries in oil exploration and production, refining, terminalling, downstream marketing, industrial products, lubricants, aviation and LNG trading, according to the EoI submitted to the minister.
Summit signs MoU to develop a LNG to power project in Bangladesh
March 13, 2018 Tuesday 10:06 PM By News Desk, energynewsbd.com
Summit Power International Pte. Ltd, the largest independent power producer in Bangladesh, announced that Summit Corporation Limited, a subsidiary of Summit Power International along with Summit Holdings Limited, Mitsubishi Corporation and its subsidiary Diamond Gas International Pte Ltd have signed a memorandum of understanding (MoU) to develop a LNG-to-Power project at Matarbari, Moheskhali area in Bangladesh, which is expected to cost up to US$3 billion. The signing of the MoU was witnessed by the Prime Minister Sheikh Hasina of Bangladesh and Singapore’s Minister for Trade and Industry (Trade) Lim Hng Kiang at the Bangladesh-Singapore Business Forum 2018, said a Press release from Summit Power International Pte. Ltd Under the MoU, the parties agreed to develop an integrated liquefied natural gas (LNG) onshore receiving terminal with a re-gasification capacity of up to 1,500 million cubic feet per day (mmcfd), two units of 1,200 megawatt (MW) gas turbine combined cycle power projects (total of 2,400 MW), relevant high voltage transmission lines and the import of LNG. Muhammed Aziz Khan, Chairman of SPI said: “Summit has a long-established track record of working with world-renowned technical partners including General Electric, Wärtsilä and now Mitsubishi Corporation and Diamond Gas. This MoU will help SPI support Bangladesh’s fast-growing energy, power and technology needs. It will be a strategic fit for SPI to leverage Mitsubishi’s LNG, and LNG-to-Power expertise as well as understanding of Moheskhali and Bangladesh’s power needs. The two groups are well-positioned to uniquely benefit from opportunities arising from the Bangladesh government’s move to raise LNG imports to meet the country’s domestic natural gas shortfall and expand the country’s power generation capacity.”
Category: Gas
‘Explore more wells at Bhola’
March 4, 2018 Sunday 6:47 AM By Staff Correspondent, energynewsbd.com
Energy expert Professor Badrul Imam on Saturday advised to dig more exploratory wells in near the newly discovered gas fields at Bhola. Imam was speaking at the Seminar titled “Bhola Gas Fields and Energy Security” organised by the Forum for Energy Reporters of Bangladesh (FERB) at the Dhaka Club in Dhaka. Previously, he said, almost of the gas fields of the country were discovered in the Surma Basin. “After gas fields were discovered in Bhola, it is now assumed that the Meghna Basin at the southern part of the country has large gas reserve too,” added Prof Imam, who is a Professor at the Geology department in Dhaka University. He asked for conducting exploration at Char Jabbar, Char Jabbar North and Monpura area near the existing two gas fields—Shahbajpur and Bhola North—of Bhola. Prof Imam believes Maheshkhali and Swandip—two islands at the Southern tip—might have gas too. “Bangladesh is neither floating on gas not it has run out of it. I believe, there are still scopes of finding more large gas fields. But we need to conduct appropriate explorations for it,” he said. Dr Imam however believes that the lack of true interest and endeavor has made these explorations still an unattempt task. He said without exploration and eventual discovery of new gas fields, the looming energy crisis of the country could not be mitigated only by import of energy alternatives. Dr Tawfique-E-Elahi Chowdhury, Energy Advisor of the Prime Minister Sheikh Hasina who was the chief guest at the program said, he hoped a total of 1.5 trillion cubic feet (TCF) will be added at the national grid from the gas fields of Bhola. He informed that the government has taken an attempt to construct gas pipeline with which it could bring gas from Bhola to Khulna and Barishal in the mainland. The Advisor also hoped that a 600 MW power plant could be constructed with the gas found in the gas fields in Bhola. “The electricity produced from it could be added to the national power grid.” Dr Elahi stressed on digging more wells in the existing gas fields of the country. “We need fresh assessment of our gas fields. This will beget a scope of finding more gas. We have past examples of finding more gas after re-assessment.” He informed that to mitigate the existing crisis of gas, more explorations are planned. “The government has also taken multiple plans for LNG import.” Surgey Tumanov, managing director of Gazprom EP International BV, Amzad Hossain, former managing director of Bapex, Kazi Matin Uddin Ahmed, Chairman of Geology department of Dhaka University and SM Maqsud Kamal, president of the DU Teachers Association were present at the seminar among others.        
Category: Gas
BGFCL earns net profit before tax Tk 392 crore in FY 2016-17
February 10, 2018 Saturday 5:01 PM By News Desk, energynewsbd.com
The 62nd annual general meeting of Bangladesh Gas Fields Company Limited (BGFCL) held on February 09, 2018 at Head office in Brahmanbaria. Nazimuddin Chowdhury, Chairman of BGFCL Board and Secretary of Energy and Mineral Resources Division presided over the meeting, said a press release. BGFCL is the largest state-owned natural gas producing company. The company has an important role to meet-up the country`s energy needs by producing natural gas and processing its by-product condensate into diesel and petrol. After the independence of Bangladesh through the liberation war, the great architect of independence, the father of the nation Bangabandhu Sheikh Mujibur Rahman purchased five gas fields of the then Shell Oil Company namely Titas, Habiganj, Bakhrabad, Rashidpur and Kailashtila at a minimal cost and brought them under state ownership on August 09, 1975. Afterwards, the then Shell Oil Company was renamed as Bangladesh Gas Fields Company Limited (BGFCL) on September 12, 1975. Out of these 5 gas fields, 3 fields: Titas, Habiganj and Bakhrabad and subsequently entrusted another 3 gas fields: Narsingdi, Meghna and Kamta are being operated by BGFCL. BGFCL produces approximately 850 million cubic feet gas daily while total gas production of the country is approximately 2740 million cubic feet per day. It is about 31% of country’s total gas production and about 78% of the production of state-owned companies. Gas is being produced from the 42 wells of 5 fields out of 52 wells of BGFCL’s 6 fields. In the year 2016-2017, the company has produced a total of 301,323.293 million cubic feet of gas at an average daily production of 825.543 million cubic feet. Besides, 28,289,120 liters or 177,919 bbls of condensate also was produced with the gas as by-product. This condensate and some other condensate purchased from SGFL, BAPEX and Tullow, an IOC company, is being fractionated through fractionation plants of Titas and Bakhrabad fields. Fractionated products, MS (Petrol) and HSD (Diesel) are regularly being supplied to national oil companies for marketing. Total recoverable gas reserve in 6 fields of the company is about 12,252,000 million cubic feet, out of that 7,728,392.895 million cubic feet or about 63.08 percent gas has been extracted till June 30, 2017.  During the financial year 2016-2017, company`s gross revenue income stands at Tk. 3,729.24 crore and earned a pre-tax profit of Tk. 392.78 crore. The company has paid TK. 3,225.17 crore to the national exchequer in the form of SD and VAT, DSL, dividend and AIT at source in this year. Considering its’ financial contribution to the national exchequer, National Board of Revenue (NBR) has rewarded BGFCL for third time as the highest value added tax payer company of the country for the financial years 2015-2016. In this fiscal year, the company has carried out various development projects on ADB, Government of Bangladesh and JICA financing for drilling of new wells, workover/recompletion of existing wells and installation of compressors. Under these projects, drilling of one well at Bakhrabad field, drilling of four nos. appraisal cum development wells at Titas Field and workover of six wells have been completed and the company has able to add 92 MMCF of gas in the national grid. Besides, 3 booster compressors has been installed at Bakhrabad gas field in order to continue uninterrupted gas supply from this field. At present, projects for workover of seven nos. wells at different fields and installation of compressor at Titas location ‘C’ and Narsindi gas field and at Titas location-A is in progress. Chairman of BGFCL Board remarked that, being associated with the goal of the present government to have a developed Bangladesh, we must work hard and have to face all the challenges with courage and skill. It is expected that the company can enormously contribute to the national development if it becomes self-reliant and financially solvent equipped with proper training and technology. He thanked company’s officers and employees for their relentless efforts and hard work for the company. He also expressed the hope that shareholders, the Board of Directors, Ministry of Power, Energy and Mineral Resources, Ministry of Finance, Ministry of Planning, National Board of Revenue, Petrobangla, Gas Transmission and Distribution Companies, foreign donors and other concerned organizations will continue their assistance and cordial support to uphold company`s challenges and success in future.     
Category: Gas
New gas reserve found in Bhola
January 16, 2018 Tuesday 10:58 AM By BSS
State-owned Bangladesh Petroleum Exploration Company (Bapex) has discovered a new reserve of a significant amount of natural gas in Bhola, a district of the country`s southern region. The new gas reserve, which is found in Bheduria union of Bhola district, is estimated to have 600 billion cubic feet (bcf) natural gas. "With this reservoir, the total gas reserve in Bhola now stands at 1.5 trillion cubic feet (tcf)", Cabinet Secretary Shafiul Alam told a press briefing following the weekly meeting of the cabinet held at Prime Minister`s Office (PMO) with Prime Minister Sheikh Hasina in the chair on Monday. The Cabinet Secretary said Bapex hoped getting more gas in the district, with carrying out more exploration work there. According to Petrobangla, the country has 26 gas fields with remaining reserve of 13.60 tcf as of January 2016. The new gas field in Bhola will be the country`s 27th gas reserve.
Category: Gas
Summit Power International awards 15-year contract to PSA Marine for an LNG Terminal
January 5, 2018 Friday 6:40 PM By News Desk, energynewsbd.com
Summit Power International Pte. Ltd, Singapore, on Friday announced that its subsidiary, Summit LNG Terminal Co. (Pvt) Limited has awarded a 15-year contract to PSA Marine Bangladesh Pte. Ltd, a subsidiary of PSA Marine (Pte) Ltd. Under the contract, PSA Marine Bangladesh will provide berthing, mooring, pilot and personnel transfer services to LNG ships calling at Summit LNG FSRU terminal, with its three escort tugboats, one fast crew boat and one offshore supply vessel, said a press release. The award of this contract marks a significant milestone for PSA Marine and commencement of a long-term partnership with SPI. Together with Summit LNG, PSA Marine Bangladesh targets to commence operations in early 2019. Peter Chew, Managing Director of PSA Marine said, “We have an excellent track record of providing towage services to LNG terminals, be it at the Singapore LNG terminal in Jurong Island or the Oman LNG terminal at Sur. We are honored to work alongside Summit Power International and this win is a vote of confidence for our standing and capability as the preferred marine services partner for LNG terminals.” Muhammed Aziz Khan, Chairman of SPI said, “Summit is the largest physical infrastructure company in Bangladesh generating 1,500 MW of electricity, 1,000 MW under construction and 2,400 MW under development. Bangladesh requires 15 million tons of LNG and Summit will provide infrastructure for that. For our first project of LNG, we are pleased to bring on board PSA Marine, a pre-eminent marine services provider, to support our venture to develop region’s fast growing LNG market. Summit Power has an excellent track record in working with world leading corporations to deliver the high standard projects and PSA Marine’s best-in-class services are a natural fit with our operational philosophy.” In 2017, Summit LNG has received a concession from Petrobangla, Bangladesh’s state-owned company, to develop a floating LNG terminal facility comprising of a storage and regasification unit connected to shore by a six-kilometre subsea pipeline, on a build, own, operate, transfer basis in Moheskhali, Cox’s Bazar to supply approximately 500 million cubic feet per day of natural gas to the national grid. This project is part of SPI’s US$ 1 billion investment programme to deliver 1,000 MW of power and gas in Bangladesh.
Category: Gas
No gas in Dhamrai, Manikganj for 10 hrs on Monday
December 18, 2017 Monday 11:13 AM By UNB
Gas supply across a vast area of Dhamrai of Dhaka and Manikganj will remain off for 10 hours on Monday due to tie-in installation between existing gas pipelines and newly installed pipelines crossing Kaliganga river. According to a press release of the Titas Gas Transmission and Distribution Company Ltd, which is responsible for gas supply in greater Dhaka, the gas supply will be suspended from Bathuli of Dhamrai to Tepra DRS area of Manikganj, district town, Shibalaya, Aricha and adjacent areas of the district from 10:00 am to 8:00 pm. The supply will disrupt all kinds of consumers including household, commercial, industrial and CNG refueling stations in these areas.
Category: Gas
Summit signs $100m deal with consortium for LNG terminal
November 26, 2017 Sunday 10:59 AM By News Desk, energynewsbd.com
Summit LNG Terminal Ltd, a subsidiary of Summit Power International, signed a $100 million turnkey contract with a marine work contractor consortium recently. Under the contract signed, the consortium comprising of Geocean SAS and MacGregor will undertake a project for laying design, engineering, procurement, fabrication, installation and testing of the Fixed Infrastructure (FI) for its proposed Floating LNG Storage and Regasification Terminal (FSRT) at Moheskhali, Cox`s Bazar, said a press release. The project is to be completed in 16th month from day of signing the contract, according to a statement of the company issued on Tuesday. However, the statement did not say where and when the contract was signed. The FI will consist, among others, of Disconnectable Turret Mooring (DTM) plug for FSRU (floating storage and regasification unit) vessel system with anchors (suction piles), flexible riser with floatation and tether system, control and hydraulic umbilical, PLEM, Stern Mooring System (SMS) of FSRU vessel offshore pipelines and landfall works. In August 2017, Summit had signed Time Charter Party (TCP) agreement with Excelerate Energy for securing FSRU vessel. Summit Power International is a Singapore incorporated leading infrastructure developer and operator in South Asia. It comprises a group of businesses which develop, own and operate power generating assets and FSRU. Geocean, subsidiary of Entrepose Group, performs turnkey offshore projects under EPCI-type contracts in the oil and gas, mining, chemical industries as well as on the public works market. It builds coastal structural works for power stations, desalination plants, water treatment plants and offshore fields. MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands.
Category: Power
Chevron not winding up business in Bangladesh
October 26, 2017 Thursday 9:54 PM By News Desk, energynewsbd.com
State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Thursday said US oil major Chevron is not leaving Bangladesh; rather, it will invest $400 million in the country’s gas sector. While addressing a contract signing ceremony for procuring 200 megawatt (MW) solar electricity at the Bidyut Bhaban in Dhaka, he said Chevron has officially communicated its decision to the government to this end, according to a report of UNB. He said the Chevron`s planned $400 million will be invested in setting up a wellhead gas compressor at Bibiyana gas field to increase the gas pressure to the supply line. Chevron`s three gas fields -- Bibiyana, Jalabad and Moulvibazar -- share 52 percent of the total 2700 mmcf gas now being produced by the country`s 22 gas fields. In September last year, the Chevron Corporation announced its plan to sell out its assets of the three gas fields in Bangladesh. Following the announcement, Bangladesh expressed its desire to buy the assets. But on April 24, 2017, Chevron further announced that it entered into an agreement to sell the shares of its wholly-owned indirect subsidiaries operating in Bangladesh to a Chinese consortium named Himalaya Energy Co Ltd. Following the announcement, Bangladesh got very frustrated and continued its efforts to block the Chevron-Himalayan deal. The state minister said the new decision of Chevron for investing money in the gas field will boost the confidence of other foreign companies to continue their businesses in Bangladesh. He said many foreign companies are now showing their immense interest to invest in Bangladesh as its demand for energy is growing fast for the growing economy.
Category: Gas
Bapex discovers 700bn cubic feet of new gas reserve in Bhola
October 24, 2017 Tuesday 12:43 AM By News Desk, energynewsbd.com
Amid the growing energy crisis, Bapex has discovered a new gas reserve of around 700 billion cubic feet near Shahbazpur in Bhola, raising the overall gas reserve of the area to around one trillion cubic feet. "There’s good news for the country as Bapex has found initially estimated some 700 billion cubic feet of gas reserve in Bhola. If the new gas reserve is added to the previous ones, the total gas reserve of that area will reach around one trillion cubic feet," said Cabinet Secretary Mohammad Shafiul Alam. The Cabinet Secretary said this while briefing reporters at Bangladesh Secretariat on Monday after the Cabinet meeting held at the Prime Minister`s Office with Prime Minister Sheikh Hasina in the chair, according to a report of UNB. He said the news on the new gas reserve was revealed at the cabinet meeting.
Category: Gas
Petrobangla inks MoU with Gunvor for LNG supply
September 19, 2017 Tuesday 10:23 PM By News Desk, energynewsbd.com
Petrobangla, the state-run oil, gas and mineral resources corporation, on Tuesday signed another non-binding memorandum of understanding (MoU) with trading agency Gunvor Singapore Pte Ltd to procure liquefied natural gas (LNG). The MoU was signed at a function at Petro Center in Dhaka. Petrobangla Secretary Syed Ashfaquzzaman and Speeleveled, Head of LNG-BD Asia of Gunvor Singapore PTE Ltd, signed the MoU on behalf of their respective sides. With this, Petrobangla tied up with five companies to facilitate LNG imports. Bangladesh signed its first MoU to import LNG with Qatar in 2011, then this year did MoUs with Switzerland-based AOT Energy on June 13, Oman Trading International of Oman in early September and Pertamina of Indonesia on September 15. About the MoU, State Minister for Power, Energy and Mineral Resources Nasrul Hamid, who was present at the signing ceremony as the chief guest, said the government would ensure energy security by supplying primary fuel continuously. "Mixed gas will be supplied to the industries by mixing LNG with natural gas that would lead to slight price hike but would be more profitable for the businessmen," he said. He said the gas crisis in the country would be reduced from April next year. Besides long-term agreements with different state-owned enterprises, the government would also explore spot markets and invite tenders for mid-to-long-term contracts to import LNG. Petrobangla and Gunvor will prepare document for commercial agreement later. Besides, 41 companies expressed their interest for LNG purchase from spot market and the Masters Sales Procurement Agreements (MSPA) would be signed after preparing the panel, said Nasrul. He said in the first phase, 500 mmcfd LNG will be used in Chittagong region from April 2018, while 500 mmcfd LNG would be supplied for the middle part of the country from October 2018 in the second phase. Petrobangla now supplies approximately 2,750 million cubic feet per day against a demand for more than 3,700 mmcfd gas leading to interruption on power generation and industrial productions. Among others, Secretary of Energy and Mineral Resources Division Nazimuddin Chowdhury and Petrobangla chairman Abul Mansur Md Fayzullah spoke at the function.
Category: Gas
Bangladesh looks to import LNG from Indonesia
September 16, 2017 Saturday 12:02 PM By News Desk, energynewsbd.com
Bangladesh`s Petrobangla is in discussion with Indonesia`s Pertamina to import more than 1.0 million tonnes of liquefied natural gas (LNG) from the state energy company as early as 2018. Under an initial agreement signed by the energy ministers of both countries on September 15, Indonesia will continue discussions with Bangladesh to develop LNG infrastructure in the South Asian country, and potentially supply LNG to Bangladesh, said a press release. "Bangladesh is going hungry for the energy day by day," said Nasrul Hamid, Bangladesh`s minister for electricity, energy and mineral resources. "We are looking for more opportunities in LNG," Hamid said. Pertamina Gas Director Yenni Andayani said the agreement was "just the beginning, opening opportunities to develop business." Bangladesh, a country of more than 160 million people, may import as much as 17.5 million tonnes of LNG a year by 2025, as its domestic gas reserves dwindle and demand grows. Bangladesh expects to sign its first ever LNG import deal in Qatar later this month to help cover a shortfall of domestic natural gas, underscoring the rise of South Asia as a new marketfor the fuel. Petrobangla is finalising several floating storage and regasification units, the first of which is expected to commence operations in April 2018, said Petrobangla chairman Abul Mansur Md Faizullah in Jakarta on Friday. The state company is in discussions with several potential LNG suppliers. "At present we are with Pertamina. We have not decided it yet," Faizullah told reporters, referring to the potential deal with Indonesia`s national oil and gas company. "The initial perception is it might be 1.0 million tonnes per year," he said. Petrobangla is seeking about 7.0 million tones per year of LNG from next year from several sources, he said.
Category: Gas
Bangladesh set to sign 15-year LNG import deal with Qatar
September 14, 2017 Thursday 8:35 AM By News Desk, energynewsbd.com
Bangladesh will sign a 15-year deal with Qatar’s RasGas Co to import liquefied natural gas (LNG) starting in 2018 as the country transforms into a major consumer of the supercooled fuel, two officials told Reuters. The deal will be signed on September 25 in Qatar, said Mohammad Quamruzzaman, Managing Director of the Rupantarita Prakritik Gas Co, part of state-owned oil firm Petrobangla. Under the deal, RasGas will supply 1.8 million tonnes a year of LNG for the first five years and to 2.5 million tonnes over the next 10 years, the Petrobangla officials said. The agreement is Bangladesh’s first LNG import agreement ever. Qatar is the world’s biggest LNG exporter and the fuel will cover the country’s domestic natural gas shortfall.
Category: Gas
Govt to ensure energy security by increasing gas production: Tawfiq
August 10, 2017 Thursday 12:34 PM By BSS
Prime Minister`s Power, Energy and Mineral Resources Affairs Adviser Dr Tawfiq-e-Elahi Chowdhury on Wednesday said the government is working to increase gas production alongside importing liquefied natural gas (LNG) to meet energy demand in the country. "Process is underway to explore onshore gas across the country alongside the importing of LNG," he said this while addressing a seminar at Petro Center in the city`s Karwan Bazar. Energy and Mineral Resources Division organised the seminar marking the National Energy Security Day 2017 with its secretary Nazimuddin Chowdhury in the chair. Among others, chairman of energy regulatory council Monwar Islam, Petrobangla chairman Abul Mansur M Faizullah and BPC chairman Abu Hena Rahmatul Munim spoke. Manager of Rupantarita Natural Gas Company Limited Kazi M Anwarul Azim presented an article entitled "LNG as Primary Energy: Bangladesh Perspective" and Dr Moniruzzaman, deputy secretary of the Energy and Mineral Resources, presented a paper on `Oil Pipeline: to ensure uninterrupted oil supply for energy security` at the seminar. The adviser said the government has also emphasized on offshore exploration of gas. Referring to Father of the Nation Bangabandhu Sheikh Mujibur Rahman`s milestone task for the country after independence by acquiring five gas fields on August 9, 1975, Nazimuddin Chowdhury said Prime Minister Sheikh Hasina is also taking steps to ensure energy security in the country. Earlier, one minute silence was observed commemorating the martyrdom of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and most of his family members.
Category: Gas
Nasrul hopes for gas sector master plan timely
August 7, 2017 Monday 11:48 PM By BSS
State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Monday hoped that the gas sector master plan 2017 would be prepared timely incorporating rational opinions. "To ensure energy security in the country, the Awami League government led by Prime Minister Sheikh Hasina has started preparing the master plan in time," he said while addressing a function on "Presentation Draft Final Report on Gas Sector Master Plan 2017 as the chief guest. Among others, Chairman of Petrobangla Abu Mansur Md Faizullah, Ambassador of Denmark to Bangladesh Mikael Hemniti Winther, Director General of Power Cell Engineer Mohammad Hossain and Director, Departmental Studies of Ramboll Soren Lovstad Christensen spoke on the occasion. The state minister said since the world energy scenario is changing, Bangladesh needs to ensure energy security with its limited resources, adding, "We have prepared the power sector master plan with JICA finance." Referring to the global scenario in the energy sector, he said, "we have a plan to produce 50 percent power from coal-fired plants but the scenario is changing, as the world is going for clean energy. In this context, we don`t have enough land for big power plant or no area for deep sea terminal. So, we have introduced short term, mid-term and long term plans." According to the gas sector master plan details, World Bank is providing financial support to prepare the Gas Sector Master Plan 2017, being done by Denmark-based Ramboll consultancy firm. Earlier, the Power Cell signed a deal to prepare a new master plan for the gas sector focusing on demand-supply projections, assessment of oil and gas exploration possibilities and development of road map to enhance gas reserve earlier. The consultancy firm also presented the draft final report today on the master plan with mentioning several possibilities for supply, diversification in supply possibilities-entails better bargaining power. It said the transmission backbone requires minimum 42" pipeline from Moheskali to Dhaka and a 36" pipeline further on to Khulna in the West. Engineer Mohammad Hossain said the government wanted to bring the management of the gas sector under a new master plan, which is expected to constitute a medium-term plan for least-cost augmentation of supply and sustainable development of the country`s gas sector.
Category: Gas
BERC issues notice on gas price
August 1, 2017 Tuesday 11:15 AM By UNB
Complying with the High Court order, Bangladesh Energy Regulatory Commission (BERC) issued on Monday a public notice on its website on the reduced gas price for household consumers. The notice said the household consumers will pay monthly bill of Tk 750 for a single-burner oven and Tk 800 for a double-burner one while Tk 9.10 per cubic metre will be charged for metre-based consumers. But the increased bills which were paid by the household consumers in June and July will not be refunded, it said. The notice also mentioned that the other consumers like power, captive power, industries, tea garden, fertiliser, commercial and CNG consumers will have to pay gas bills as per the rates fixed by the BERC through its public notice issued on February 23, 2017. The High Court declared illegal on Sunday the gas price hike for household use in the 2nd phase that came into effect on June 01 last. The consumers had to pay Tk 900 and Tk 950 for single and double burners respectively from June 1 as per fresh hike in gas price.
Category: Gas
HC declares second phase gas price hike illegal
July 30, 2017 Sunday 9:34 PM By BSS
The High Court (HC) today declared illegal the second phase hike in gas price for household consumers, enforced from June 2017. A High Court division bench comprising Justice Zinat Ara and Justice Kazi Md. Ejarul Haque Akondo passed the order while disposing of a rule issued earlier in this regard. "The court has declared government`s decision of increasing the gas price in second phase. But the household gas consumers will not get back the extra price they have already paid. The court also pardoned government`s realizing of extra money from the consumers," said advocate Subrata Chowdhury, who moved the writ filed by Consumer Association of Bangladesh (CAB). The lawyer said the court order will come into force from August 1. Earlier on June 5, the Appellate Division of the Supreme Court stayed the High Court order that had stayed for six months the government decision of second phase hike in gas price. The apex court also ordered to dispose of the rule issued by the High Court in this regard, by July 31. On May 30, Chamber Judge of the Appellate Division Justice Syed Mahmud Hossain stayed the High Court order and sent the matter to the apex court full bench for further hearing. The High Court had passed the initial order on February 28, asking the concerned authorities to explain why the public notification of the Bangladesh Energy Regulatory Commission (BERC) for increasing the gas price should not be declared illegal.
Category: Gas
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