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
Tag: petrobangla
Petrobangla to extend int’l offshore bidding time by 3 months
Petrobangla is going to extend the submission date of the international offshore block bidding round by three months to get a better response. "We have moved to extend the bid submission time by 3 more months", Petrobangla Chairman Zanendra Nath Sarker said last week. He also informed reporters that so far, 7
Petrobangla has five-month outstanding dues of $260 million to Chevron for gas purchase: Official Sources
State-run Petrobangla owes to Chevron Bangladesh about $260 million in unpaid dues for purchasing gas from its Bibiyana and other gas fields, official sources said. The sources said this week that Petrobangla purchases about $50 million worth of natural gas from the US-based multinational company's Bangladesh subsidiary every month. The state-run
Action against officials of Petrobangla companies if fail to achieve target: Nasrul
State Minister for Power, Energy and Mineral Resource Nasrul Hamid has said that each of the companies of the Petrobangla will be given target to drill wells in the gas fields for hydrocarbon exploration and if they fail, the officials concerned will be removed from their posts. “Nobody will be speared
Petrobangla awaits final nods to invite int’l bidding
State hydrocarbons agency Petrobangla's is close to receiving the nod from the very top, to invite a round of international bidding for the country's offshore gas blocks based on its new model production sharing contract int’l bidding within the current year. A proposal in this regard was recently sent to the
Petrobangla for ending foreign monopoly in pre-paid gas metering
Petrobangla has initiated a move to bring an end to the existing monopoly of a particular foreign company in its pre-paid gas metering system. "We've already received the government's policy approval to allow battery-run pre-paid gas meter," Petrobangla Chairman Zanendra Nath Sarker told UNB recently. According to official sources, a Japanese company
Petrobangla for setting up 3 more LNG terminals
State-owned Petrobangla has moved to set up three more liquefied natural gas (LNG) terminals in addition to the existing two currently being operated to regasify imported gas. The proposed three new LNG terminals will be set up in Payra, Moheshkhali and Matarbari whose total regasification capacity would be 2000-3000 MMcf/d, said
Petrobangla team finds gas supply in cylinders risky
A technical committee of Petrobangla recommended formulating separate safety and security guidelines to allow any private company to supply gas from Bhola to local industries as CNG (compressed natural gas)."We've submitted our report to the top management of Petrobangla recently", a member of the committee, preferring anonymity, told UNB. He
New gas exploration begins amid severe shortage
Amid criticism that the government has not done enough to explore new gas sources in recent years Petrobangla has started exploration work at Beanibazar and its neighbouring Baralekha and Kanaighat upazilas under Sylhet Gas Field Ltd, officials say. Mizanur Rahman, Managing Director of Sylhet Gas Field, said on Thursday that
