Bangladesh’s access to cheap loans is closing in with its rising per capita income, making foreign borrowing costlier.
Bangladesh will end up with surplus LNG regasification capacity by the end of this decade, said the UK-based BMI Research -- a development that will ultimately cost the exchequer in fees similar to capacity charges for power plants.
The government is likely to stop new gas connections to industries save for eight “economically vital” ones under a forthcoming regulation.
The government is continuing to ramp up the power generation capacity even though the electricity demand did not increase as per projection, putting an additional price burden on consumers, said energy experts.
Gas scarcity is likely to continue till April despite the government’s repeated assurance of scaling up gas supply during Ramadan and the irrigation season as one of the two Floating Storage and Regasification Units (FSRU) will take longer to complete maintenance works.
Petrobangla yesterday floated the offshore bidding tender inviting international oil and gas companies (IOCs) to explore Bangladesh’s maritime area in the Bay of Bengal.
Mymensingh and Cumilla cities go to polls today to pick their mayors and councillors, just two months after the Awami League formed a new government.
The government is going to start implementing the newly-formulated mechanism for setting fuel prices in line with global market rates by the end of this month and officials of the energy and finance division believe prices may reduce after the first adjustment.
Bangladesh’s access to cheap loans is closing in with its rising per capita income, making foreign borrowing costlier.
Bangladesh will end up with surplus LNG regasification capacity by the end of this decade, said the UK-based BMI Research -- a development that will ultimately cost the exchequer in fees similar to capacity charges for power plants.
The government is likely to stop new gas connections to industries save for eight “economically vital” ones under a forthcoming regulation.
The government is continuing to ramp up the power generation capacity even though the electricity demand did not increase as per projection, putting an additional price burden on consumers, said energy experts.
Gas scarcity is likely to continue till April despite the government’s repeated assurance of scaling up gas supply during Ramadan and the irrigation season as one of the two Floating Storage and Regasification Units (FSRU) will take longer to complete maintenance works.
Petrobangla yesterday floated the offshore bidding tender inviting international oil and gas companies (IOCs) to explore Bangladesh’s maritime area in the Bay of Bengal.
Mymensingh and Cumilla cities go to polls today to pick their mayors and councillors, just two months after the Awami League formed a new government.
The government is going to start implementing the newly-formulated mechanism for setting fuel prices in line with global market rates by the end of this month and officials of the energy and finance division believe prices may reduce after the first adjustment.
Power generation not growing in line with forecasted spike in demand, leaving people staring at frequent and extended power cuts.
Foreign loan repayment, which was hovering around $3 billion since fiscal 2012-13, crossed the $4 billion-mark for the first time last fiscal year on the back of high interest payments and short-term loans in the power and energy sector.