Asifur Rahman

Bangladesh will end up with surplus LNG regasification capacity by the end of this decade, said the UK-based BMI Research -- a development that will ultimately cost the exchequer in fees similar to capacity charges for power plants.

The government is likely to stop new gas connections to industries save for eight “economically vital” ones under a forthcoming regulation.

The government is continuing to ramp up the power generation capacity even though the electricity demand did not increase as per projection, putting an additional price burden on consumers, said energy experts.

Gas scarcity is likely to continue till April despite the government’s repeated assurance of scaling up gas supply during Ramadan and the irrigation season as one of the two Floating Storage and Regasification Units (FSRU) will take longer to complete maintenance works.

Petrobangla yesterday floated the offshore bidding tender inviting international oil and gas companies (IOCs) to explore Bangladesh’s maritime area in the Bay of Bengal.

Mymensingh and Cumilla cities go to polls today to pick their mayors and councillors, just two months after the Awami League formed a new government.

The government is going to start implementing the newly-formulated mechanism for setting fuel prices in line with global market rates by the end of this month and officials of the energy and finance division believe prices may reduce after the first adjustment.

Power generation not growing in line with forecasted spike in demand, leaving people staring at frequent and extended power cuts.

Foreign loan repayment, which was hovering around $3 billion since fiscal 2012-13, crossed the $4 billion-mark for the first time last fiscal year on the back of high interest payments and short-term loans in the power and energy sector.

The state-owned Eastern Refinery (ERL) is likely to build its long-planned second unit in partnership with Chattogram-based conglomerate S Alam Group after previous attempts to expand the country’s oil refining capacity fell through because of a lack of financing.

In Banasree, on any given morning, if you find yourself walking past a newspaper stall that has been left unattended, don’t be surprised. Just pick up the newspaper or magazine that you want, put the money in the box that’s kept nearby, and you are on your way.

In Banasree, on any given morning, if you find yourself walking past a newspaper stall that has been left unattended, don't be surprised. Just pick up the newspaper or magazine that you want, put the amount of money that it's worth in the box that's kept nearby, and you are on your way

Capacity payments, the scourge of the rapid rise in Bangladesh’s power generation capacity, are set to get higher this year.

While the world is moving towards renewable energy as it is much more environmentally-friendly than fossil fuel-based power plants and requires no additional fuel costs, Bangladesh is moving at a snail’s pace in this regard, said two researchers of BloombergNEF.

The company has been selling its bitumen plant's by-products like diesel and petrol to the BPC

In a fresh push, Bangladesh entered its renewable energy era in 2017 with the launch of a 3MW solar power plant in Jamalpur’s Sharishabari. Ever since, the country has added only 459MW of renewable energy to the national grid.

Despite amassing the required one percent voter signatures to contest the national polls as an independent candidate, around 36 percent of independents couldn’t even secure one percent vote in the January 7 election.

At least 15 percent of the country’s 71 independent power producers were sitting idle for 80 percent of the time last fiscal year, raising questions about their need.

Awami League bagged less votes in the January 7 national polls compared to the previous two general elections, according to Election Commission data.

The gas supply now is the lowest since April 2020, shows data from Petrobangla -- in a development that informs the acute crisis plaguing the industrial sector as well as households.