Dhaka, Thursday, May 24, 2018 10:21 AM   
     
Home Energy BD Energy World Green Energy Opinion Interview Environment Business Others Archive
LATEST >
বাংলা সংস্করণ
   
‘Hearing on proposal for fresh gas price hike begins June 11’

Gas price is likely to increase further in Bangladesh ahead of the next general election following the import of liquefied natural gas (LNG), as distribution companies have proposed raising prices of all categories except household and commercial ones.

Bangladesh Energy Regulatory Commission (BERC) will hold public hearing on the adjustment of gas prices. The hearing will begin on June 11 and continue until June 21, said a BERC notification issued on May 9.

On June 11, public hearing on the Gas Transmission Company Limited (GTCL) proposal for a transmission charge increase will be held.

Titas Gas Transmission and Distribution Company will hold hearing on the proposal for a hike in distribution charge and consumer-level gas prices on June 13.

Bakhrabad Gas Distribution Company Limited and Jalalabad Gas Transmission and Distribution system limited will hold a hearing on June 14, Paschimanchal Gas Distribution Company Limited on June 18, Karnaphuli Gas Distribuntion Company Limited on June 19 and Sundarban Gas Distribution Company Limited on June 21.

If the gas prices hike, transmission charge will be raised. The hike proposal by the Gas Transmission Company is being taken under consideration.

LNG import supply to the country will begin in the last week of this month. Meanwhile, US based Excelerate Energy ship carrying LNG from Qatar RasGas has reached Bangladesh coast.

According to the proposal, the price of per cubic metre gas used for grid power production has been proposed to be increased by 206 percent. The price of per cubic metre gas has been raised from Tk 3.16 to Tk 10.48.

The price of per cubic metre gas used for captive power generation has been proposed to be raised by 66 percent. The price of gas has been increased from Tk 9.62 to Tk 16.

The price of gas used for fertiliser production has been proposed to be shot up by 372 percent with an increase in prices of gas per cubic metre from Tk 2.71 to Tk 12.80.

Besides, the price of gas used in industries has been proposed to be hiked by 93 percent with an increase in gas price per cubic metre from Tk 7.76 to Tk 14.90.

The price of compressed natural gas (CNG) has been proposed to be gone up by 120 percent. The CNG price has been hiked from Tk 40 to Tk 48.

Sources in the government said gas price is likely to be hiked following the high cost of LNG import. The government will not give a huge amount of subsidy on LNG import.

It is mentioned that gas price was adjusted last February by 22.70 percent on an average. Now average price of per cubic metre gas price is Tk 7.35.

At present, households pay Tk 750 for a single burner and Tk 800 for double burner every month.

Print Friendly and PDF

   You may also like

Category: Gas
Bangladesh imports 1m tonnes LNG from Oman

Category: Gas
Bangladesh, Oman to sign deal for LNG today

Category: Gas
‘20-year Energy Security Fund formulated for LNG import’

Category: Gas
ENOC keen to supply LNG to Bangladesh

Category: Gas
Summit signs MoU to develop a LNG to power project in Bangladesh

Category: Gas
‘Explore more wells at Bhola’

Category: Gas
BGFCL earns net profit before tax Tk 392 crore in FY 2016-17

Category: Gas
New gas reserve found in Bhola

Category: Gas
Summit Power International awards 15-year contract to PSA Marine for an LNG Terminal
     
    RECENT STORIES   MOST READ
    FOLLOW US ON FACEBOOK
    Recent Gas Stories
Bangladesh imports 1m tonnes LNG from Oman
Bangladesh, Oman to sign deal for LNG today
‘20-year Energy Security Fund formulated for LNG import’
ENOC keen to supply LNG to Bangladesh
Summit signs MoU to develop a LNG to power project in Bangladesh
‘Explore more wells at Bhola’
BGFCL earns net profit before tax Tk 392 crore in FY 2016-17
New gas reserve found in Bhola
Summit Power International awards 15-year contract to PSA Marine for an LNG Terminal
No gas in Dhamrai, Manikganj for 10 hrs on Monday


Explore the energynewsbd.com
Home
Energy World
Opinion
Environment
Others
Energy BD
Green Energy
Interview
Business
Archive
About Us Contact Us Terms & Conditions Privacy Policy Advertisement Policy

   Editor & Publisher: Aminur Rahman
   Copyright @ 2015-2018 energynewsbd.com
   All Rights Reserved | Developed By: Jadukor IT