Dhaka, Delhi Sign Six MoUs
Dhaka and New Delhi recently signed six deals including one for the construction of 130km-long pipeline to import petroleum from India and one for cooperation on capacity building regarding Rooppur Nuclear Power Plant project.
5,000 Illegal Gas Lines Snapped in N’ganj
At least 5,000 illegal gas connections were disconnected in a day-long operation in Sonargaon upazila in Narayanganj recently.
Commercial Gas Price Hike Won’t Push Power Price Up: Nasrul
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said the government is planning to hike gas prices for commercial connections but thinks it will not drive power prices.
New Move to Conduct Seismic Survey in Offshore Blocks
The government has moved afresh to carry out seismic survey in offshore blocks to acquire data on hydrocarbon deposits to chalk out future steps for ensuring the country's energy security.
ECNEC Nods Tk 10,982 Cr Project for Power Transmission from Rooppur
The Executive Committee of the National Economic Council (ECNEC) recently approved a project involving Tk 10,982 crore to improve transmission infrastructures for evacuating power from the Rooppur Nuclear Power Plant.
Gazprom Chairman Meets Italian NGV Industry Leaders
A working meeting of Viktor Zubkov, Chairman of the Gazprom Board of Directors; Pierre Lahutte, Brand President of Iveco; and MariarosaBaroni, President of NGV Italy, took place in Turin, Italy, recently.
Future of Global Energy Market 'Uncertain'
State Minister for Energy and Power Nasrul Hamid recently said the future of global energy market could be uncertain largely due to increasing trend of renewable energy usage and decreasing oil prices.
Govt May Stop Supplying Condensate to Pvt Refineries After May 15
The government may opt to stop supplying natural gas condensate to private refineries in the country after May 15 in a bid to limit their operations and ensure smooth commissioning of a state-run condensate fractionation plant.
BD to Get $560m IDA Credit for Power, Microenterprises
The World Bank (WB) has approved $560 million for two projects in the power and microenterprises sub-sectors. The projects will help make the supply of power more reliable and the microenterprises environmentally sustainable.
Deals with Swiss, Omani Firms Likely to Bump Up LNG Import
The government has moved to sign two more agreements with the LNG suppliers to ensure the import of 2.25 million tonnes of liquefied natural gas ahead of the arrival of the floating unit.
Japan Pledges $1.83b More for Dev Projects
Japan has offered some US$1.83 billion in assistance for bankrolling Bangladesh's six major development projects on communications infrastructures, power and port.
PGCB to Build 400 Kv Grid Line For Power Supply to Mirsarai EZ
State-owned Power Grid Company of Bangladesh (PGCB) will build a 17-km 400 kV grid transmission line for power supply to Mirsarai Economic Zone (MEZ), reports UNB.
China-Malaysia JV Wants to Set Up 3750MW Plants
China-Malaysia joint venture Edra Power Holdings and China General Nuclear Power Corp Ltd (CHN) proposed setting up a series of gas-fired power plants having a capacity to generate 3750MW of electricity in different parts of the country.
Developed Countries Should Be Energy Responsible: PM's Adviser
Developed countries should demonstrate greater energy responsibility towards the demand-side management of power wastage and develop frontier technologies to make smart and renewable energy available to developing countries, said Prime Minister's Energy Adviser Tawfiq-E-Elahi Chowdhury.
BP May Invest $2b in India OverNext Few Years
British Petroleum (BP) India is planning to invest over USD 2 billion in the Indian market through its upstream ventures in the next few years.
NBR to Settle Long-Standing BPC VAT Dues
The revenue authority is set to settle the long-standing Value Added Tax (VAT) worth Tk 35.64 billion dues from Bangladesh Petroleum Corporation (BPC) through book adjustment after all its efforts to realize the outstanding amount proved unsuccessful.
‘Staggered Power Outage’ to Cut Cost
The government has decided to have an area-wise ‘systematic load shedding’ for an hour to cut cost, sources within the top policymaking bodies said.