Dhaka, April 16 -- The country's overall gas supply from gas-fired power plants increased with the resumption of regasification by the floating storage and regasification unit (FSRU), owned by Summit ... Read More
Dhaka, April 5 -- American oil-major Chevron has deferred its $65-million Jalalabad compression project in northeastern Bangladesh following nonpayment of $220 million in overdue gas bills, market sou... Read More
Dhaka, March 26 -- Euphemistically-coined financial penalty called capacity payment now branches out as LNG-fired power plants emerge as new claimants, with an almost laid-off one already billing agai... Read More
Dhaka, March 18 -- Gas supply across Bangladesh may increase next week as another private-sector floating LNG-regasification unit looks all but ready to resume operation after an overhaul, sources say... Read More
Dhaka, Feb. 26 -- Power tariffs may rise pro rata from March 1 as initial government course under a new reform recipe to rescind state subsidy on this sector within next three years. Energy experts a... Read More
Dhaka, Feb. 24 -- A successive hike in gas tariffs, too, for all consumers but households over next three years is likely to phase out government subsidy under a reform recipe. Economists say the rai... Read More
Dhaka, Feb. 21 -- A lone international contractor hired to delineate hydrocarbons in Bangladesh's offshore blocks did little over the past two years, while the country suffers fuel shortages, sources ... Read More
Dhaka, Feb. 17 -- Energy transition leads Bangladesh to plan substantial cut in import of petroleum products in 2024 as gasoil demand falls amid increasing switch to power production from coal-fired p... Read More
Dhaka, Feb. 8 -- A government bid begins to borrow $2.10 billion from the Jeddah-based International Islamic Trade Finance Corporation (ITFC) to foot hefty bills for import of petroleum and liquefied ... Read More
Dhaka, Feb. 6 -- Bangladesh has purchased liquefied natural gas (LNG) from the spot market at a price lower than that of its long-term suppliers, capitalising on a recent supply glut of the fuel despi... Read More