Liquefied Natural Gas (LNG) prices must be fixed at an affordable level so that industries can market their products particularly textiles and readymade garments at competitive prices among other Asian countries.

The government has planned to formulate a fresh policy to 'rationalize' the distribution of condensate to private petrochemical refineries.

Plan to construct 21 power plants, including private sector ones, in the country is underway to generate 23,252 megawatt (MW) of electricity.

GE's HA gas turbines - the largest and most efficient in the world - have been recognized for powering the world's most efficient power plants in both the 50hz and 60hz energy segments, said a statement.

The government is going to import 77,000 metric tons (578,420 barrels) of diesel from India through rail wagon to meet the domestic demand of the petroleum for a period from May to December in 2018.

The revenue board has sought help from the government to realize Tk 212 billion in VAT and SD arrears from Petrobangla, officials said.

The government has prepared the draft of a general master sales agreement (MSA), covering a dozen of global companies, on the supply of liquefied natural gas (LNG) from the spot market.

Energy efficiency and implementation of a well-coordinated national energy policy are key to Bangladesh achieving universal energy target of sustainable development goals, said leading energy experts at a discussion in the capital recently.

Indian firm ONGC Videsh Limited, the contractor for the country’s two shallow sea blocks, plans to drill first exploratory well ‘Kanchan-1’ in shallow sea (SS) block-04 at Moheskhali in coming dry season, an official confirmed.

The textile factory owners see an increase in their productivity, as the government has finally decided to allocate 2,000 new industrial gas connections and supply adequate gas to the existing units.

A proposal for a three-year extension of the Speedy Supply of Power and Energy (Special Provision) Act will be placed before the cabinet soon as the fate of at least 67 ongoing power plants depends on the continuation of the law.

The revenue board cut advance income tax on the import of liquefied natural gas (LNG) in order to keep its prices low on the local market.

Korean entrepreneurs have shown their keen interest to invest in Bangladesh, saying they will send a trade delegation to Bangladesh soon.

Bangladesh Petroleum Corporation (BPC) fears incurring a loss of about Tk 80 billion in the upcoming fiscal year because of selling fuel oil at lower rate than import price, officials said.

Bangladesh has called off negotiations with Trafigura - the Switzerland-based commodity trader - to install a small floating LNG (liquefied natural gas) import terminal because of delays in agreeing terms.

Indian Reliance Power Ltd sought to sign the power purchase agreement (PPA) with Bangladesh Power Development Board (BPDB) next month for the 718MW Meghnaghat Phase-1 power plant.

Odisha's bulk purchaser cum trading entity Gridco qualified at the technical cum commercial tenders floated by the Bangladesh Power Development Board (BPDB) recently, India's local media reports say.

Power Development Board (PDB) is in dilemma over selling dry fly ash of Barapukiria unit-3 coal-fired power plant as the lone bidder proposed to buy it at Tk 550 per tonne.

Speakers at a discussion recently underscored the need for eco-friendly development policies to meet the challenges of climate change impacts to attain sustainable development.

World famous French Oil & Gas company TOTAL initiated an inauguration program of “TOTAL Gas Membership card” for commercial TOTAL gas users in their Dhaka office, Bangladesh.