The Sultanate of Brunei has offered to export 12-18 LNG (liquefied natural gas) cargoes to Bangladesh under a long term contract of 10 years, with an option to extend the deal for a further five years. According to a document seen by UNB, the Brunei Energy Services and Trading (BEST) Sdn
Author: Sadrul Hasan, UNB
Petrobangla in dilemma over fresh bidding to LNG Terminals
Petrobangla - the Bangladesh Oil, Gas and Mineral Corporation - faces uncertainty about how to proceed with a new bidding process for establishing two private sector LNG terminals, recently cancelled by the interim government. Petrobangla officials revealed that they remain unclear about whether to follow the Public Procurement Rule (PPR) 2008
Petrobangla to make fresh list of LNG suppliers
Petrobangla is going to make a fresh list of international spot market LNG supply companies through an open tender by next week. "The tender is ready for circulation in the media and hopefully the notice will be published in the first half of the next week", Petrobangla Chairman Zanendra Nath Sarker
Tax waiver to jack up solar initiatives in country
Not only 10 projects, now the Power Division is contemplating to set up many more solar power plants as it received the NBR's notification for reinstating the tax exemption on such private investment. Power Division officials said it is now certain the number of solar projects is going to be increased
Govt plans to resume industrial gas connections
The government is expected to resume providing gas connections to industries, aiming to ensure uninterrupted supply of gas to help the wheels of industrial units move. But there is no possibility of lifting suspension on fresh household gas connections, official sources said. According to official data, currently about 46,000 applications for household
Power Division seeks tax exemption for solar sector
The Power Division seeks the reinstatement of tax exemption benefits for private investors in the renewable energy sector, particularly those investing in solar power projects. According to official sources, the Power Division has formally urged the National Board of Revenue (NBR) to restore the tax exemptions for the power sector. The government
Tender for drilling 26 onshore wells may be delayed
The government’s initiative to invite an open tender for the drilling of 26 wells across various onshore gas fields, aimed at boosting domestic gas production, is likely to face a delay of another month, according to official sources. The delay is primarily due to the ongoing preparation of tender documents, the
No headway in Titas smart prepaid meter project
Though two separate deals were signed with the World Bank and the Asian Development Bank about a year ago to install some 17.5 lakh (1.75 million) smart pre-paid metres, the Titas Gas Transmission and Distribution Company has made little progress in implementing the project. "Only some individual consultants were appointed by
6 diesel-fired plants to shut by year-end: Saving Tk 2,250cr annually
The government plans to retire six diesel-fired power plants, with a combined capacity close to 1000 MW, before the end of 2023. According to official sources, the six plants, belonging to four private companies, are Bangla Track's 300 MW (Jessore 100 MW and Daudkandi 200 MW), Aggreko's 200 MW (Awarahati 100
Power generation to cross 30,000 MW this year: Officials
The country is going to cross the benchmark of 30,000 MW of installed capacity in power generation pushing up the unused generation capacity by 50 percent within the current year 2023. Official sources told UNB this week that the country's total installed electricity generation capacity currently is 28,159 including, grid and