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Bibiyana Gas Field. Bangladesh is the sixteenth-largest producer of natural gas in Asia. [1] Gas supplies meet 56% of domestic energy demand. [2] However, the country faces an acute energy crisis in meeting the demands of its vast and growing population. Bangladesh is a net importer of crude oil and petroleum products. [2]
The Titas Gas Transmission and Distribution Company (Bengali: তিতাস গ্যাস Titas Gas) is the natural gas distributor in Bangladesh, with an 80% market share. As of 2020, they employed 2,100 staff and served 2.8 million domestic customers, 12,000 commercial customers, and 5,300 industrial customers.
The commission was created in 2003 and is responsible for the setting of gas, petroleum oil and electricity prices in Bangladesh. As the regulator, it also arbitrates disputes in the energy industry. [2] Its approval is needed for any changes in the price of electricity, gas and petroleum oil. [3] The Energy Security Fund is under this agency. [4]
In March 2019, Sundarban Gas Distribution Company along with three other state owned distribution companies sought permission from Bangladesh Energy Regulatory Commission to increase the price of the gas they supplied. [10] There was a hearing on the proposed hike and Gano Forum threatened street protests unless the price hike was cancelled. [11]
Currently there are 28 natural gas fields in Bangladesh. [1] The first gas field was discovered at Haripur, Sylhet in 1955 and the last gas field was discovered in the 2017 at Bhola. [2] Titas gas field is the largest natural gas field in Bangladesh. It was invented by the Pakistan Shell Oil Company in Brahmanbaria in the year 1962. The first ...
It was discovered in 1962, and commercially started gas production from April 1968. [5] On 20 November 1964, the gas field was established as Titus Gas Transmission and Distribution Company Limited. [6] Located in Brahmanbaria, this gas field was discovered by Pakistan Shell Oil Company. [4]
The Bakhrabad Gas Distribution company's calls for raising the price of gas in 2016 was denied by Bangladesh Energy Regulatory Commission. [6] According to a news report of the Dhaka Tribune, CNG stations in Comilla District were illegally selling 1.2 billion taka of gas with the help of corrupt staffs in the company. [7]
On the merger of the two projects in 1977, formal gas distribution in Sylhet town started in 1978. With the implementation of Sylhet Tea Estate Gas Supply Project-1, Sunamgonj Town Gas Supply Project, Kailashtilla-Chhatak Pipeline Project and Chhatak Town Gas Supply Project, the Gas Supply network recorded a significant expansion in the region.