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LPG
Bangladesh, ENOC agree to feasibility study for LPG terminal
Bangladesh and Dubai-based Emirates National Oil Company (ENOC) agreed on Thursday to conduct a feasibility study on setting up a liquefied petroleum gas (LPG) terminal in the country, a Dhaka-based official said. “Today we held talks with the ENOC delegation and decided to conduct a feasibility study for a joint venture project to build an LPG terminal,” said Sayed Mohammad Mozammel Haque, a director of state-owned Bangladesh Petroleum Corporation. “This is a positive step. After the study, we will finalise the capacity for the terminal and other related things,” he told Reuters after the meeting in Dhaka. Bangladesh currently imports LPG mostly from Oman and Qatar, Haque said. Transport costs for LPG are now about $100 per tonne but once the terminal is built that cost could fall to $30 as it will allow big ships to anchor, which would translate into a 10 percent lower price for end-users, he said. The LPG terminal could be built at Matarbari on Moheshkhali Island in the Bay of Bengal, where the country’s first deep-sea port will be built, the official said. A shortfall in supplies of natural gas has prompted the government to encourage the use of LPG for households. LPG, a mixture of propane and butane, can be used for cooking and transport, as well as in the petrochemical industry. Bangladesh’s demand for LPG now stands at 1 million tonnes against a supply of 600,000 tonnes, the official said, adding the demand could go up to 2 million tonnes by 2022 as it will be a key source for cooking gas in Bangladeshi households. The south Asian country has also turned to liquefied natural gas to offset falling domestic gas output to feed industrial demand and electricity generation in the nation of 160 million people.
Bangladesh to hold talks with ENOC for LPG terminal
October 3, 2018 Wednesday 10:10 AM By Reuters
Bangladesh will hold talks with Dubai-based Emirates National Oil Company (ENOC) to set up an liquefied petroleum gas (LPG) terminal in the country, a Dhaka-based official said on Tuesday. “ENOC has sent us a proposal for a joint venture project to build an LPG terminal,” said Sayed Mohammad Mozammel Haque, a director of state-owned Bangladesh Petroleum Corporation. “We have invited them for detailed discussions in our office in Dhaka. They are supposed to come on October 11,” he told Reuters, adding the capacity for the terminal and all other details will be discussed during the meeting. Bangladesh currently imports LPG mostly from Oman and Qatar, Haque said. Transport costs for LPG are now about $100 per tonne but once the terminal is built that cost could fall to $30 as it will allow big ships to anchor, which would translate into a 10 percent lower price for end-users, he said. The LPG terminal could be built at Matarbari on Moheshkhali Island in the Bay of Bengal, where the country’s first deep-sea port will be built here, the official said. The government is encouraging the use of LPG for households to cope with a shortfall in supplies of natural gas. LPG, a mixture of propane and butane, can be used for cooking and transport, as well as in the petrochemical industry. Bangladesh’s demand for LPG now stands at 1 million tonnes against a supply of 600,000 tonnes, the official said, adding the demand could go up to 2 million tonnes by 2022 as it will be a key source for cooking gas in Bangladeshi households. The south Asian country has also turned to liquefied natural gas to offset falling domestic gas output to feed industrial demand and electricity generation in the nation of 160 million people.
Category: LPG
LAUGFS Gas Bangladesh opened the largest LPG depot at Jhenaidah
July 17, 2018 Tuesday 3:00 PM By News Desk, energynewsbd.com
LAUGFS Gas (Bangladesh) Ltd, a 100% subsidiary of Sri Lankan business conglomerate LAUGFS Holding, has recently inaugurated its regional distribution center at Jhenaidah. The launched regional distribution center, shortly termed as RDC, is being marked as the best kind of depot in LPG industry in terms of safety standard and compliance, said a press release. Being the proud owner, LAUGFS Gas officiated the RDC at Jhenaidah with a ribbon cutting ceremony in the hand of its senior management including Md Saidul Islam, Director and CEO of LAUGFS Gas Bangladesh, Ranjith Jayawardena, COO of LAUGFS Gas Bangladesh, Nazeer Latiff, General Manager (Sales & Marketing) of LAUGFS Gas Bangladesh, Dr MayuraNeththikumarage, General Manager (Operations), SujeewaVidanapathirana, General Manager (Finance). This auspicious occasion was also presented by company’s channel partners who will be taking cylinders of LAUGFS Gas from this depot to sale and distribute to their respective markets. Jhenaidah RDC will be catering the market demand of Jhenaidah, Kushtia, Meherpur, Chuadanga, and Rajbari, a region crossing Padma river which is showing a lot of socio-economic promise in the country. Company officials of LAUGFS Gas Bangladesh have conveyed gratitude from company’s behalf to all the distributors and dealers for being with the company to provide support and service to the market neatly and thanked all the invited channel partners for keeping the faith on company and requested them to do so in coming days. LAUGFS Gas believes in growing the business together with its well-wishers as well as serving the community as a good corporate citizen. Having its terminal in Bangladesh at Mongla, LAUGFS Gas has set its logistical infrastructure at all the major regions of Bangladesh and expanding the number more to cater the LPG demand seamlessly all over Bangladesh.  
Category: LPG
‘LPG users being brought under insurance’
May 12, 2018 Saturday 1:23 PM By Staff Correspondent, energynewsbd.com
The government has taken a plan to bring users of liquefied petroleum gas (LPG) under insurance facilities so that they can get financial compensation for any accident. The initiative was taken following an accident risk of distribution irregularities as the use of the gas has increased manifold on local market. To this effect, a guideline will be formulated soon, said an official of Energy and Mineral Resources Division. Recently, a meeting has been held at Energy Division to elaborately discuss the use and risk of LPG. State Minister for Power, Energy and Mineral Resources Nasrul Hamid was present at the meeting. At the meeting, the authorities concerned recommended bringing LPG users under insurance facilities. The official also said LPG use has been increased 5-6 folds in the last few years. In the future, LPG will be used as fuel in household sector about cent percent. So, it is urgent to bring the consumers of the sector under insurance facilities. The official further said the ministry concerned will hold separate meetings with LPG distributors in this regard. The companies will have take responsibility for the security of their consumers, he added. Every company can make a database through registering their consumers. Later, it can bring its registered consumers under insurance facilities so that they can get financial compensation in case of accident, says a statement presented by Energy and Mineral Resources Division Deputy Secretary (Operation-2) Akramuzzaman at the meeting. Besides, LPG users should be aware of any accident. Security measures should be taken to avoid any accident. Recommendation was also made to test LPG cylinders after a specific date. A modern safety regulator should be used to fend off any accident. Speaking on the occasion, Energy Junior Minister Nasrul Hamid said people now use a huge quantity of LP gas for cooking. But they are not following safety measures. The government is taking measures to ensure safe and long-lasting use of LPG.
Category: LPG
‘Petromax LPG enters the LPG Market’
April 28, 2018 Saturday 9:33 PM By Staff Correspondent, energynewsbd.com
Petromax LPG, just launched to engage in liquefied petroleum gas (LPG) import, storage, bottling and marketing in Bangladesh to meet the growing demand of the energy sector on April 28, 2018 at Bangabandhu International Conference Hall in Dhaka. Nasrul Hamid, State Minister for Power, Energy and Mineral Resources was present as chief guest in the inaugural ceremony. Among others, lawmakers Dr M Habibey Milliat and Mahfuzur Rahman, chairman of Youth Group and Petromax LPG Ltd Rejaqul Haider and managing director of Youth Group Feroz Alam spoke on the function. Petromax LPG Limited has already set up a LPG filling and bottling plant with total 6500 MT storage facility. 5500 MT storage facility is at main terminal at Mongla and 1000 MT in satellite plant in Rupganj, Dhaka. The plant is equipped with fully automated and high capacity filling system with 10 million cylinder bottling capacity annually. State-of-the-art DOT 4BA 240 international standard cylinder manufacturing Plant in Tangail with 5,50,000 units production capacity annually has also established to reduce dependence on cylinder import. For nationwide and industrial distribution Petromax LPG already engaged 1 LPG Berge and 6 Bulk LPG Road Tanker. The cylinders will be available in 2 different sizes- 12Kg and 35 Kg. For the last 38 years, Youth Group has invested in RMG, power and energy sector and has contributed to the economic development of the country.  
Category: LPG
LPG price to be fixed with stakeholders: Nasrul
April 28, 2018 Saturday 7:33 PM By News Desk, energynewsbd.com
State Minister for Power, Energy and Mineral Resources Nasrul Hamid said his ministry would fix the price of Liquefied Petroleum Gas (LPG) through consultation with the stakeholders concerned. “Initiatives have been underway for keeping the price of LPG at a tolerable stage,” he said this as the chief guest, while launching Petromax LPG at Bangabandhu International Conference Centre (BICC) in Dhaka on Saturday. He said the businessmen should operate their businesses keeping in mind their social responsibility, adding, “It might be possible to supply LPG to apartments or community based households through pipeline by preserving it.” The natural gas or the Liquefied Natural Gas (LNG) would be supplied to industries as its opportunity cost is high at industries, Nasrul said adding that the government so far approved 55 companies for LPG bottling and marketing in the country. “These companies’ production capacity is 23.60 lakh tonnes, while the country’s demand is 30 lakh tones,” the state minister added. Among others, lawmakers Dr M Habibey Milliat and Mahfuzur Rahman, chairman of Youth Group Rejaqul Haider and managing director of Youth Group Feroz Alam spoke on the function.
Category: LPG
Beximco purchases first LPG carrier in Bangladesh
November 26, 2017 Sunday 11:14 AM By News Desk, energynewsbd.com
Beximco Petroleum Limited, a concern of Beximco Group, has announced the purchase of the first LPG (Liquefied Petroleum Gas) carrying vessel in Bangladesh to travel on international waters with the National flag, the company said in a press release. The vessel, named BEXPETRO 1, with an LPG carrying capacity of 2700 MT will be the first Bangladeshi ship to directly procure LPG at source. This marks a major milestone not only for LPG operators in Bangladesh but also for the nation at large as this paves the way for a more cost-effective and efficient LPG supply chain. Led by Captain Alexander Fajardo, BEXPETRO 1 is expected to arrive in Bangladesh with its first shipment of LPG by the first week of December 2017.  With two more vessels of similar capacity already in the pipeline, this is a stepping stone for Beximco Petroleum’s strategic vision of becoming the premiere LPG operator in the country. Beximco Petroleum, in collaboration with Index Power and Energy (A Beximco company), has already set up a state-of-the-art ISO 9001 certified LPG plant in Mongla with a capacity of 3000 MT. Expansion work is underway for an additional capacity of 3000 MT at Mongla; another LPG terminal of 5000 MT capacity is being set up at Narayanganj. With a robust sales and distribution network, Beximco Petroleum is ready to cater to the rapidly growing LPG demand in the country.
Category: LPG
LAUGFS Gas won the most promising LPG company in South Asia award
November 12, 2017 Sunday 12:18 PM By News Desk, energynewsbd.com
LAUGFS Gas won the most promising LPG company in South Asia trophy in South Asian Partnership Summit and Business Excellence Awards 2017. The event was concluded recently in a festive mood at Hotel Le Meridien in Dhaka. This prestigious award to LAUGFS Gas Bangladesh was handed over by Dr. Gowher Rizvi, International Affairs Adviser to the Prime Minister of Government of Bangladesh. Ranjith Jayawardena, COO of LAUGFS Gas Bangladesh, represented the company to receive the award from the stage.
Category: LPG
LAUGFS Gas celebrates two years in Bangladesh
October 30, 2017 Monday 12:51 PM By News Desk, energynewsbd.com
LAUGFS Gas Bangladesh Limited, one of the largest LPG distributors in the country, has celebrated its 2nd anniversary with a pledge of making significant investment in Bangladesh in next three years. To mark its step into the third year operation in Bangladesh, the Sri Lankan company organised a celebration programme with its key stakeholders at a city hotel in Dhaka recently, said a press release. Kazi M Aminul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA), attended the programme as the chief guest. LAUGFS Holdings Chairman WKH Wegapitiya,  Director and Chief Executive Officer Mohammed Saidul Islam, Chief Operating Officer Ranjith Jayawardena, General Manager (Finance) Sujeewa Vidanapathirana, General Manager (Sales and Marketing) Nazeer Latiff, General Manager (Operations) Dr. Mayura Neththikumarage was also present at the event. The LNG distributor company is planning capacity enhancement, increasing of storage volume, establishment of a cylinder manufacturing plant along with expansion of the distribution system, they said. Currently, the company operates LPG import, bottling and distribution facility in Mongla Port, according to a media statement. The company imports and distributes over 50,000 MT of LPG every year and operates an expansive and fast growing distribution network across the country. LAUGFS entered Bangladesh in 2015 with the acquisition of PetredecElpiji Limited, and is one of the largest LPG downstream players in the country. 
Category: LPG
Laugfs Gas to expand presence in Bangladesh
July 14, 2017 Friday 8:58 PM By News Desk, energynewsbd.com
Laugfs Gas Bangladesh, a company of Sri Lanka-based multinational Laugfs Holdings, said it plans to strengthen its presence in Bangladesh with renewed commitment and further investments. The firm disclosed its plans at a reception for visiting Sri Lankan President Maithripala Sirisena at Sonargaon hotel. “As an energy conglomerate with a strong footprint within the region, we plan to invest significantly in Bangladesh over the next three years to enhance capacity, expand storage and set up a cylinder manufacturing plant,” said Laugfs Holdings Chairman WKH Wegapitiya in a statement on Thrusday. Sri Lankan Foreign Affairs Minister Ravi Karunanayake expressed hope that bilateral trade would treble within the next two years. He said the president also instructed them to work towards establishing a free trade agreement between the two countries. Laugfs Gas entered Bangladesh in 2015 with the acquisition of Petredec Elpiji Ltd and is now one of the largest liquefied petroleum gas distributors in the country. The company imports and distributes over 50,000 tonnes of LPG every year and operates an expansive and fast-growing distribution network across Bangladesh. The company operates LPG import, bottling and distribution facilities at the Mongla port. It also pioneered the introduction of autogas in Bangladesh and supplies LPG to automobile service stations across the country. Md Shahriar Alam, state minister for foreign affairs; Nasrul Hamid, state minister for energy; and Zunaid Ahmed Palak, state minister for the ICT Division, also spoke. Mahbubur Rahman, president of the International Chamber of Commerce (ICC) Bangladesh, and Latifur Rahman, chairman and CEO of Transcom Group and a member of the executive board of the ICC, were also present.
Category: LPG
Energypac LPG hits market soon
June 22, 2017 Thursday 12:46 PM By News Desk, energynewsbd.com
G-Gas LPG, a product of Energypac, is going to hit the LPG market shortly. In line with the plan, a distributorship contract signing ceremony was arranged at Energypac`s corporate office, said a statement. Managing Director and CEO of Energypac Power Generation Ltd. Humayun Rashid handed over the distributorship certificates to the appointed distributors of Dhaka Zone at a function in the city recently. Other attendees include General Manager, Sales and Marketing Abu Sayed Raza, Head of Operations Naweed Rashid and other members of G-Gas Sales & Marketing team.
Category: LPG
Unitex Group plans to establish LPG terminal plant
March 23, 2017 Thursday 4:32 PM By News Desk, energynewsbd.com
A signing agreement for design, supply of equipment, project management, supervision, erection and commissioning of liquefied petroleum gas (LPG) terminal plant and bottling facilities between Unitex LP Gas Limited and PARLYM International, a French company was held on March 22, in Dhaka. Olivier Tahon, Managing Director of PARLYM and Belal Ahmed, Managing Director of Unitex LP Gas Limited signed the agreement on behalf of their respective organisations. Among others, Md Zobaidul Islam Chowdhury, Director (Operation) of Unitex Group, Philippe Bechtel, Country Director of PARLYM and other high officials of both organisations were also present at the signing ceremony.
Category: LPG
Beximco plans to establish first LPG fired power plant in Bangladesh
March 8, 2017 Wednesday 8:41 PM By Staff Correspondent, energynewsbd.com
Beximco Group, the private conglomerate of Bangladesh, is planning to set up its first Liquefied Petroleum Gas (LPG)-based power plant in the country. On February 26, Rafiqul Islam, executive director (Corporate Affairs) of Beximco, has sent a letter to the chairman of Bangladesh Power Development Board (BPDB) requesting arrange a meeting in this regard. However, the capacity of the power plant and its location were not mentioned in the letter. The aim of the move is to expand energy supply sources and ease pressure on the country`s decreasing natural gas resources. Moreover, it is expected that the move will add further momentum to the growth of LPG demand due to its use as fuel in the automotive sector and the suspension of pipeline gas supply to households and commercial consumers. The consumption of LPG is increasing in Bangladesh day by day. In 2016, LPG consumption was around 300,000 tonne which was 200,000 tonne in 2015. According to the estimation of Bangladesh government, the actual unconstrained demand could be around 500,000 tonne per year as kerosene and wood are being used as alternatives to LPG due to lack of its availability. LPG, which is largely known as cooking fuel in Bangladesh, has turned to a great utility in using as a fuel in power generation. Moreover, LPG has become a great competitor to Liquefied Natural Gas (LNG) and even coal due to its good heating value, cleaner generation and lower cost. Beximco Group is planning to introduce a new type of fuel LPG in power generation with the help of its technical partner USA-based General Electric (GE). The GE is successfully operating several power plants run by LPG in America, Africa and Asia. On October 2016, Beximco signed a deal with two Chinese companies to produce 2,180MW power of which 1,980MW from coal-fired power plant and 200MW from solar power plant.
Category: LPG
‘LPG prices to be fixed through consulting with private operators’
February 26, 2017 Sunday 8:02 PM By Staff Correspondent, energynewsbd.com
State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Sunday said that an effective pricing mechanism will be introduced in consultation with private market operators to months to control the prices. Talking with the journalists at the sidelines of the `4th Asia LPG Summit 2017` which started at the Bashundhara International Convention Center in Dhaka, Nasrul said that government would take initiatives to control the LPG price within the next two months. World LPG Association organised the two-day summit where a new organisation `LPG Operators Association of Bangladesh` (LOAB) was floated with Bangladesh Awami League`s president private sector affairs adviser Salman F Rahman its president. Admitting the sale of LPG at inflated rates in different areas, Nasrul said this happens due to transportation cost. “We are studying how the LPG price could be linked with the international market.” He said the Energy and Mineral Resources Division has already formulated a policy over investment in the LPG sector. "Now we are working to determine how and who will regulate the LPG market and how could be the safety will be ensured." Earlier, speaking as the chief guest at the inauguration ceremony, he also said that 70 percent of the existing household gas connections will be replaced with LPG over the next two years. "Our original plan was three years. But, one year has already elapsed. Now two years are left for the job to be done. Hopefully, we will be able to introduce LPG in 70 percent areas," he said. He said if the natural gas is diverted to industries from household and motor vehicles, it would give more benefits to the economy. Urging the private investors to go for more investment in LPG sector, he said the economy is growing fast and there will be a huge LPG market in Bangladesh. He said the government has a plan to replace the CNG with Auto Gas for motor vehicles as well. Even LPG could be used in small and medium industries, he added. Speaking on the occasion, Salman F Rahman said that the government has gradually increased the price of gas through pipeline to discourage gas usage for domestic purposes and for vehicles.  “The country only has limited about of gas left. We should be careful in using it. Our Prime Minister Sheikh Hasina has thus put emphasis in energy alternative like LPG,” he said. Director of World LPG Association David Tyler, Secretary of Energy and Mineral Resources Division Nazimuddin Chowdhury, Assistant General Manager of Omera Petroleum Limited Tanzeem Chowdhury also spoke at the function. About 100 companies from 20 countries are participating in the summit.
Category: LPG
First ever Fourth Asia LPG Summit 2017 in Bangladesh will be held on Feb 26-27
February 24, 2017 Friday 1:26 PM By Staff Correspondent, energynewsbd.com
Fourth Asia LPG Summit 2017 expected to be held first time ever in Bangladesh on February 26-27 at International Convention Hall Bashundhara (ICCB) hall-4 in Dhaka.  The Summit will be organised by World LPG Association (WLPGA), All Event Groups, Singapore and Global Event Management Services Ltd, Bangladesh.  Two days conference with exhibition will be arranged and more than 150 foreign participants are coming to attend the Summit, Tan Calvin, Business Development Manager of All Event Groups, Singapore, said a press conference held at Jatiya Press Club on February 22.  More than 50 companies from local and abroad are coming to show their updated technologies and benefits of LPG as alternative energy to meet the increasing demand of Bangladesh.  The Asia LPG Summit has been instrumental in bringing together investors, global LPG players, NGOs and technology providers in helping to develop and grow the LPG industry in Asia as well as Bangladesh in a sustainable and safe manner.  Ministry of Power, Energy and Mineral resources is the supported partner of this global event.  Nasrul Hamid, State Minister for Power, Energy and Mineral resources given consent to inaugurate and Md Tazul Islam, Chairman of Parliamentary Standing Committee of Ministry of Power, Energy and Mineral resources will close the summit.  Nazimuddin Chowdhury, Secretary of Energy and Mineral Resources Division and Abul Mansur Md Faizullah, Chairman of Petrobangla will be present as special guests.  Newly formed LPG Association will be launched in the opening day and launched by Salman F Rahman, Private sector development affairs adviser to Prime Minister of Bangladesh.   In the press conference Md Mazharul Islam, Head of Sales & Marketing of Global Event Management Services Ltd, Bangladesh and Md Ikhtiar Hossain, Manager of Business Development of GEMS Ltd were presented. 
Category: LPG
Govt frames LPG operational licensing policy
February 9, 2017 Thursday 10:42 AM By Staff Correspondent, energynewsbd.com
Government has framed out liquefied petroleum gas (LPG) operational licensing policy, 2017 for safe, suitable and to expand and operate competitive LPG market. Energy and Mineral Resources Division of Ministry of Power, Energy and Mineral Resources announced the policy on January 29 this year through publishing a gazette. Government has framed this policy amid different irregularities in this sector as there was no existing policy about this sector. Due to the formulation of the policy now government will finalise the way to fix up the retail price of gas on the basis of international oil market price after discussing with related stakeholders mentioned in the gazette. It is also mentioned in the gazette that for the expansion of multi-purpose use of liquefied petroleum gas import, production, store, transport, establishment of terminal, dispensing or re-fueling station for distributing LPG as fuel for auto vehicle, vehicle engine transformation factory, installation of bottling plant and distributing and marketing of LPG, appointment of master franchise or franchise or exclusive distributor or distributor and dealer related with the economy of the country, consumer right, transportation system and overall security system. This policy framed for safe, suitable, expansion and operating of competitive market LPG import, production, store, transport, establishment of terminal, dispensing or re-fueling station for distributing LPG as fuel for auto vehicle, vehicle engine transformation factory, bottling plant and distributing and marketing of LPG appointment of master franchise or franchise or exclusive distributor or distributor and dealer necessary infrastructure, financial sufficiency, specification of LPG standard, buyer-seller relationship at different stages and fixing related subjects for agreement deed and responsibility. The business institute who will intend to import, produce, store, transport, establish terminal, bottling plant and dispensing or re-fueling station for distributing LPG as fuel for auto vehicle, vehicle engine transformation factory for distributing and marketing LPG will be treated as ‘LP Gas Operator’. For establishing and operating terminal, plant and other infrastructure a company must obtain license from Department of Environment, Bangladesh Standard and Testing Institute (BSTI), Department of Explosives, Fire Service and Civil Defense, Deputy Commissioner (DC), Local Authority, in related fields permission from Bangladesh Investment Development Authority (BIDA) along with necessary permission or pass or no objection certificate (NOC) from related Ministry or Division or Department and license from Bangladesh Energy Regulatory Commission (BERC). Only the authorized master franchise or franchise or exclusive distributor or distributor and dealer by the LP Gas Operator can distribute the LPG for domestic, auto-gas, commercial and industrial purpose. No institute without prior permission from government and LP Gas operating license can operate as LP Gas Operator. For exporting bottled LPG or bulk LPG, NOC from Energy and Mineral Resources Division and in related fields’ permission from Ministry of Commerce must be taken. To operate LPG Operator business, an institute must construct tank with minimum 5,000 tonne LPG storage capacity and for bulk LPG transportation must have necessary number of LPG road tanker or vessel. One LPG Operator cannot refill the cylinder of another LPG Operator. If otherwise happened, government can take necessary action against the operator, authorized master franchise or franchise or exclusive distributor or distributor and dealer by the operator. It is also mentioned in the gazette that this regulation will get preference from other regulations whatever the other have.           
Category: LPG
Govt is set to introduce two new policies for LNG, LPG
January 21, 2017 Saturday 11:09 PM By Staff Correspondent, energynewsbd.com
State Minster for Power, Energy and Mineral Resources Nasrul Hamid on Saturday the government is set to introduce two policies in a month to regulate price of Liquefied Natural Gas (LNG) as well as to ensure safety in bottling, transportation and use. Nasrul made that remark during a Meet the Press organised by Dhaka Reporters Unity (DRU) in its Sagar-Runi Conference room. The power and energy ministry would also introduce price policy for the LPG, adding, “The government is trying to make LPG as a popular fuel for household users and the LPG would also be used in industries instead of natural gas supplied on pipelines,” He said that the government would begin supply of natural gas from imported LNG from June 2018, when current level of gas supplies would start declining.
Category: LPG
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Govt is set to introduce two new policies for LNG, LPG
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