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Dhaka-Ctg fuel oil pipeline set for commissioning in January
BSS: The first ever Dhaka-Chattogram fuel oil transportation pipeline is set to be commissioned towards the end of January 2025 aimed at beginning commercial operation from April, saving an amount of Tk. 236 crore in transport cost annually. “The pipeline would not only ensure the secure transportation of fuel oil but also eliminate costs and misuse of fuel,” chairman of Bangladesh ...
Fuel Crisis Cuts Electricity In Bangladesh, Sparking Energy Debate
Aug 17, 2022 · Robiul Islam, 29, sits in the dark at his home in the Kalurghat neighbourhood of Chattogram city, suffering through yet another power cut, as Bangladesh struggles with costly and inadequate natural gas imports amid a global hike in energy prices. “Over the last two months, we are seeing power outages that we have not seen in quite a few years,” Islam told the Thomson Reuters Foundation by ...
Petrobangla Seeks To Complete Drilling Of 48 Wells By 2025
Apr 20, 2024 · State-owned oil, gas and minerals corporation Petrobangla seeks to complete the drilling of a total of 48 wells at different gas fields hoping to add 618 mmcfd to the national grid by 2025. This will be done through Petrobangla’s own companies and outsourcing of contractors by next year. “We’re very serious about implementing the plan on time and if necessary, we will seek a waiver from ...
Bangladesh Wants To Renegotiate Adani Power Deal Unless Court …
Dec 2, 2024 · Bangladesh wants to sharply lower prices under a power purchase deal with India’s embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal, its de facto energy minister told Reuters on Sunday. Adani Group founder Gautam Adani is already facing allegations by U.S. authorities that he was part of a $265 million bribery scheme in India ...
Gas supply from Bhola to Dhaka’s industries in CNG form begins
Dec 21, 2023 · Finally, Intraco, a CNG refueling station operator, started supplying natural gas to different industries in Dhaka and adjoining areas from Bhola in CNG (compressed natural gas) form. Energy and Mineral Resources Secretary Md Nurul Amin inaugurated the launching of the supply at a function at Sonargaon Hotel in the city on Thursday while Petrobangla chairman Janedra Nath Sarker and Intraco ...
Tackling energy problems will be tricky | Energy Bangla
Aug 24, 2024 · The energy advisor has stated on the first day of joining office that the Speedy Supply of Power and Energy (Special Provision) has been put on hold with the promise of not raising tariffs on energy prices and alongside bringing past contracts under review. This is a welcome move but the fact remains that the country is presently burdened with a US$5.0 billion energy-debt and it is the task of ...
Bangladesh Lags As Renewables Set to Offer Half of Global …
Oct 10, 2024 · Bangladesh’s progress in adopting renewable technologies, particularly solar and wind, remains dismally low, it says In a striking contrast to global trends, Bangladesh finds itself lagging in the renewable energy sector, as outlined in the latest International Energy Agency (IEA) report on Wednesday. Report UNB The report indicates that the world is on course to add over 5,500 gigawatts (GW ...
Govt Announces New Power Tariff For Bulk Consumers Raising It …
Feb 29, 2024 · The government has announced the new power tariff for bulk consumers raising it by 5% from existing Tk6.70 per unit to Tk7.04 meaning a rise of TK0.34 per unit (each kilowatt hour) with effect from February 1. A gazette notification was issued on Thursday evening. The bulk consumers are mainly the distribution entities and large industries who receive electricity at 33 kV, 132 kV and 230 kV ...
Excelerate Energy signs 15-year SPA with Petrobangla to supply LNG
Nov 8, 2023 · Excelerate Energy, a US-based US company, has signed a 15-year sales and purchase agreement (SPA) with state-owned Petrobangla to supply LNG to Bangladesh. Under the SPA, Petrobangla has agreed to purchase 0.85 to 1.0 million tons per annum (“mtpa”) of LNG from Excelerate for a term of 15 years beginning January 2026. Addressing a signing ceremony at a hotel in the city on Wednesday Prime ...