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BD's LNG import financing set to get an impetus from next month

Dhaka, Oct. 21 -- Country's liquefied natural gas (LNG) import financing is set to get an impetus from next month (November) with the availability of fiscal support from World Bank (WB). The WB's US$... Read More


Redoubled exploration in south coast, releasing Bhola gas caches accelerate

Dhaka, Oct. 14 -- Curing Bangladesh's economic development-limiting fuel crunch gets under focus as exploration in the south coast and releasing locked Bhola gas caches gather speed. Sources say the ... Read More


Rough seas expose fragility of LNG supply chain

Dhaka, Oct. 11 -- Although no major depressions have formed over the Bay of Bengal in recent weeks, Bangladesh continues to face difficulties in unloading imported liquefied natural gas (LNG) at float... Read More


Tokyo Gas completes feasibility study for Bangladesh's first land-based LNG terminal

Dhaka, Oct. 3 -- Japanese energy major Tokyo Gas Co Ltd has completed a full feasibility study for Bangladesh's first land-based LNG-import terminal at Matarbari Island in the Bay of Bengal, raising h... Read More


Govt in talks with Aramco to sign MoU

Dhaka, Aug. 28 -- The interim government is currently in talks with Saudi oil giant Aramco to ink a memorandum of understanding (MoU) to ensure cooperation in the energy sector. State-run Petrobangla... Read More


Renewable energy policy: Hopes and happenings

Dhaka, Aug. 10 -- Seventeen years after its first renewable energy framework done, Bangladesh has launched the Renewable Energy Policy 2025, aiming to generate 20 per cent of total electricity from re... Read More


Operational cost of single-point mooring to far exceed estimate

Dhaka, Aug. 9 -- The overall cost of operation of the country's maiden Tk 80 billion single-point mooring (SPM) to carry petroleum products from the sea to land is set to be much higher than the estim... Read More


Int'l court asks BAPEX to pay $42m to foreign oil company

Dhaka, Aug. 6 -- Bangladesh stands to lose around US$42 million to a breakaway foreign oil-and-gas company following an international-court verdict on a dispute over payment for gas-well drilling. Th... Read More


Govt provides sovereign guarantee to WB for LNG import financing

Dhaka, Aug. 3 -- The government has extended a sovereign and indemnity guarantee to the World Bank (WB) to support Petrobangla's costly liquefied natural gas (LNG) imports, ensuring payment if the sta... Read More