Bangladesh Energy Regulatory Commission has directed state-owned Petrobangla to return Tk 12,227.44 crore to its two original funds-the energy security fund (ESF) and the Gas Development Fund (GDF). The energy regulator's latest directive which came as the BERC Order No-2022/7, in detail, was released on June 27 and uploaded on its
Tag: petrobangla
Petrobangla to scrap compensation clause in future gas pacts
After failing to enhance local gas production, state-owned Petrobangla has now initiated a move to modify the current structure of the gas supply agreement (GSA) with future power plants in Bangladesh. UNB has learnt that a draft of the revised GSA was recently sent to the Bangladesh Power Development Board (BPDB)