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Excelerate Energy to start LNG supply from early January

Dhaka, Dec. 23 -- US-based Excelerate Energy is set to begin supplying liquefied natural gas (LNG) to Bangladesh from early January under a long-term contract, providing a fresh boost to the country's... Read More


Govt mulls converting Bhola island gas to LNG

Dhaka, Dec. 14 -- The government mulls converting around 30 million cubic feet per day (mmcfd) of unutilised natural gas of gas-rich Bhola island to LNG and carrying it to gas-starved industries in th... Read More


BPC profit increases by 9.46pc in FY25

Dhaka, Dec. 12 -- Bangladesh Petroleum Corporation (BPC) recorded a 9.46-percent rise in profit in the last fiscal year (FY 2024-25), driven by the automatic fuel-pricing formula introduced in March 2... Read More


Delayed SPM operation benefits pvt sector at public expense

Dhaka, Dec. 9 -- The delay in starting operations of the country's maiden single-point mooring (SPM) system -- designed to unload fuel quickly and cheaply -- is allegedly benefiting private operators,... Read More


Petrobangla prioritises onshore bidding round to boost gas output

Dhaka, Dec. 6 -- State-run Petrobangla has prioritised launching an onshore bidding round ahead of an offshore one to ramp up the country's overall natural gas output from local fields. "We are now c... Read More


Govt to appoint int'l legal consultant

Dhaka, Oct. 27 -- The government plans to appoint an international legal consultant to resolve existing and future disputes involving liquefied natural gas (LNG) contracts. The consultant will also p... Read More


Govt to slash tariffs of 6 state power plants

Dhaka, Oct. 1 -- Power tariffs of half a dozen of the state-owned power plants are set to be cut years after initiation of their commercial operations, said sources. The proposed new tariffs are expe... Read More