We have known for a while that dependence on the expensive liquefied natural gas (LNG) would put Bangladesh under major financial stress.

Bangladesh Energy Regulatory Commission (Berc) will announce the new gas tariff at the consumer level tomorrow (June 5, 2022).

Bangladesh is going to buy liquefied natural gas (LNG) from the international market at $4 lower price than the previous but at the same time it will procure fertiliser by paying additional $21 a tonne.

CNG filling stations across the country will remain closed from 5pm to 11pm every day during the month of Ramadan, instead of 6pm-11:00pm, according to a press release of Petrobangla.

Petrobangla Chairman Abul Mansur Md Faizullah yesterday said taking coal out of the Barapukuria coal mine yard would not have been possible if its staffers had not been involved in the act.

Prime Minister Sheikh Hasina has ordered forming a fresh committee to further investigate the disappearance of some 1.45 lakh tonnes of coal from Barapukuria coalmine and identify those responsible for it.

Good news: Annual Import of US$3 billion Liquefied Natural Gas (LNG) is to ease the decades-long gas crisis of the country. Import will start in April, 2018 and by October more than one third of the country's gas needs would be imported in the form of Liquefied Natural Gas (LNG).

The High Court yesterday declared illegal and void the two deals Niko Resources Bangladesh Limited signed with Bapex and Petrobangla, as those were procured through corruption. The court also directed the authorities to “revert back” to the state the assets Niko possessed through the Joint Venture Agreement (JVA) and the Gas Purchase and Sales Agreement (GPSA) signed in 2003 and 2006.

The High court declares two deals of Niko signed with Bapex and Petrobangla illegal. Niko signed the deals -- joint venture agreement and gas purchase and sales agreement (GPSA) -- with Bapex and Petrobangla in 2003 and 2006 respectively.