HEADLINE
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Transition to LNG would not be cost effective: Study findsThe US Institute for Energy Economics and Financial Analysis (IEEFA) study reveals that only a small fraction of LNG related infrastructure proposals will be viable in Bangladesh due to fundamental project and financial market constraints. The study includes Bangladesh as
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BPDB wants clear-cut policy on coal-fired power plantsBangladesh Power Development Board (BPDB) has urged the Power Division to give them a very clear-cut policy on coal-fired power project issues so that it can take future course of action in proper manner.Currently, there are 29 coal-fired power plants
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Indo-Bangla celebrations of ‘Maitri Dibash’ in Dhaka, Delhi todayBangladesh and India are set to celebrate 'Maitri Dibash' (Friendship Day) on December 6, the day on which India recognized Bangladesh in the year 1971, 10 days before the Victory Day and established diplomatic ties as the first country during
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Hasina likely to visit India in first quarter of 2022Prime Minister Sheikh Hasina is likely to visit India in the first quarter of 2022 if everything goes on right track, especially in view of regarding the Covid-19 situation.According to the sources, Indian Foreign Secretary Harsh Vardhan Shringla during his
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BD’s claim over Tengratila gas blowouts overstated Observes Int'l Centre for Settlement of Investment Disputes The International Centre for Settlement of Investment Disputes (ICSID) has concluded its virtual hearing on Bangladesh's compensation claim over two gas blowouts in Tengratila field with an observation that the evidence (provided
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8 IOCs show keen interest in offshore sea block survey   The state-owned oil and gas exploration corporation has received expression of interest (EOI) letters from 8 global players to conduct the multi-client seismic survey in the offshore sea blocks.Companies like Wood Mackenzie and HIS Global are showing interest to do
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Govt plans phasing-out of fossil fuel, phasing-in of renewable energyBangladesh is set to formulate an integrated energy and power master plan (IEPMP) to fulfill its commitment to phase out fossil-fuel-based generation system to cleaner electricity, focusing on renewable energy, energy efficiency and a rational pricing formula to introduce sustainable
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Petrobangla faces challenge paying LNG bills Petrobangla, the state owned oil and gas corporation is spending huge amount of money gratuitously for using the floating storage re-gasification units (FSRUs) at Moheshkhali of Cox's Bazar.We are importing maximum 2.5 million tonnes of LNG per year and minimum
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PDB needs Tk700cr extra to run oil-based power plantsBangladesh Power Development Board (BPDB) needs Tk 700 crore extra as subsidy to run its 1200 MW liquid fuel based power plants along with its Tk7,000 crore regular subsidy.Following the recent fuel price hike, we have prepared a proposal, which
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Timing of fuel price hike baffles energy expertsEnergy experts have questioned the logic behind the government's recent fuel price hike, when Bangladesh Petroleum Corporation (BPC) has been paying duties and taxes for the imported oil to the tune of 30 per cent of the price. The government
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