Cover:Stealing Spree Mollah Amzad Hossain It has now been widely discussed that gas is being used illegally – not that through illegal connections from legal lines. But, th... Read more
Greenpage:First-Ever Power Cogeneration in North Bengal Sugar Mills Soon EP Report A process is underway to generate power from North Bengal Sugar Mills in Natore on cogeneration me... Read more
EditorialStealing of gas is nothing new in Bangladesh. But the recently unearthed illegal gas connections have stunned the nation. A section of local influentials, backed by... Read more
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Offshore Petroleum Exploration-Bangladesh Initiative
Engr. Khondkar Abdus SalequePetrobangla and EMRD of the Ministry of Energy and Mineral Resources have just signed PSCs with Indian ONGC Videsh Ltd. for petroleum exploration in two offshore blocks in the Bay of Bengal. Unfortunately, a section of civil society, mostly peripheral political activists and some media, has adversely reacted to the signing of PSCs with the Indian company. We are not sure whether the marginal political parties are fully aware of the concepts of Production Sharing Contracts. But their adverse reaction must be frustrating for Petrobangla and the Ministry as they are desperately endeavoring to exploit all options for ensuring sustainable supply of primary fuel at affordable cost for maintaining the current impressive GDP growth. This particular group oppose mining of own coal, exploration of own petroleum resources. If the government has to listen to them the economic activities may soon get paralyzed from persistent energy crisis. Read more...
Indian Firm Signs PSCs to Explore Hydrocarbon Off Bangladesh
EP ReportIndian state-run oil and gas company ONGC Videsh Limited (OVL) signed two production sharing contracts (PSCs) on February 17 to explore hydrocarbon offshore Bangladesh. Read more...
Indo-Bangla Energy Cooperation on The Right Track
Bangladesh and India have taken a giant step in enhancing the energy cooperation between them.In its first such move with India, Bangladesh has signed production sharing contracts with the neighbouring nation awarding India’s state-run oil and gas company ONGC Videsh Limited (OVL) two shallow-water blocks in the Bay of Bengal. Obviously, the Indian company will prospect for gas and possible oil in the two blocks and a successful discovery and production will go a long way in meeting Bangladesh’s shortage in hydrocarbons that has hampered economic development. Read more...