Russian crude oil cannot be refined in Bangladesh as the country’s lone refinery does not have the equipment to refine it.

The government has a target to bring all the electricity consumers of the country under prepaid meters by 2025.

The technical committee of the Eastern Refinery (ERL) has said that it is not possible to refine Russian crude oil at the Eastern Refinery.

The government has been deprived of about Tk 4,697 crore for 19 counts of irregularities by Petrobangla and Bangladesh Petroleum Corporation, found an audit.

Petrobangla has recommended administrative action against 12 officials of Karnaphuli Gas Distribution Company Limited (KGDCL), including its Managing Director (MD) MA Majed, for their involvement in corruptions in 12 sectors, including irregularities in recruitment, gas connections and promotions in different industrial establishments.

Bangladesh has sought to import additional LNG (liquefied natural gas) from Qatar amid high prices of fuel oil to meet the increasing demand.

State Minister for Power, Energy and Mineral Resources Nasrul Hamid today (September 11, 2022) said the process of natural gas exploration and extraction will continue on priority basis.

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 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.  

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

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.