Asifur Rahman

Bangladesh yesterday secured two LNG cargoes from the international spot market after failing to attract bidders for two consecutive days, although at more than double the normal rate.

The government is preparing to conserve energy and possibly introduce power cuts and rationing as global fuel supplies remain under stress due to the ongoing Middle East war.

The closure of the Strait of Hormuz by Iran amid its escalating war with the US and Israel has raised fresh concerns over liquefied natural gas (LNG) supplies to Bangladesh, which relies heavily on the narrow maritime corridor for its energy imports.

While a prolonged conflict in the Middle East could disrupt fuel flows, Bangladesh’s energy supply remains stable for now, with officials saying imports and distribution are continuing without interruption.

Stricter banking rules following the political changeover limit major importers, opening opportunities for smaller firms to expand quickly

The government is planning a fresh round of bidding for both onshore and offshore gas exploration, with the finalisation of model Production Sharing Contracts (PSCs) targeted within its first 100 days in office.

Despite repeated assurances and initiatives by the government and operators ahead of Ramadan, the shortage of liquefied petroleum gas (LPG), widely used as cooking fuel, is unlikely to ease anytime soon.

Fines for illegal household gas use -- currently between Tk 10,000 and Tk 20,000 -- will be increased to a maximum of Tk 40,000

An international arbitration tribunal has ordered Canadian energy company Niko Resources to pay $42 million in compensation to Bangladesh over the 2005 explosions at the Tengratila gas field in Chhatak, Sunamganj.

The Bangladesh Power Development Board (PDB) has said it paid Tk 644 crore more than necessary to the Bangladesh Petroleum Corporation (BPC) for furnace oil supplied to power plants over the last one and a half years.

Bhola island’s demand stands at 90 mmcfd. The remaining 30 mmcfd is planned to be supplied to industrial areas under Titas Gas.

When the lop-sided deal with Adani Power was signed, a newly inked deal with the controversial S Alam Group’s power plant was used as the pricing benchmark -- even though that contract’s pricing structure was itself unusually expensive and riddled with contractual anomalies.

Inflated capacity charges in power sector deals have been costing Bangladesh up to $1.5 billion a year, according to the national committee formed to review unsolicited power contracts signed during the Awami League regime.

Bangladesh has been paying around $400–500 million a year to India’s Adani Power, roughly 50 percent more than it should for electricity purchase

Dhaka residents are struggling to cook daily meals amid a worsening gas crisis affecting both pipeline supplies and bottled liquefied petroleum gas (LPG).

Amid an ongoing shortage of household gas supply over the past couple of months, a leak in a pipeline un

The liquefied petroleum gas price will continue to stay above the government-set rate at the retail level, given the instability in the supply chain.

Traders call indefinite strike for higher distribution charges

Women remain largely absent from the electoral race, with 30 of the 51 political parties contesting the upcoming national election fielding no female aspirants at all, Election Commission data shows.

The current supply of liquefied petroleum gas is sufficient to meet local demand despite difficulty in importing the fuel, importers said.