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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]
As of 2015, the natural gas reserves of Bangladesh is 14.16 trillion cubic feet. [14] The country has an average daily natural gas production of around 2,700 million cubic feet. [15] As of 2024, Bangladesh currently has 29 gas fields, with 20 of them in production. Petrobangla estimates that the proven reserves are at 28.79 trillion cubic feet ...
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 ...
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]
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]
The Titas Gas Transmission and Distribution PLC (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.
This is a list of notable oil and gas companies of Bangladesh This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by adding missing items with reliable sources .
Karnaphuli Gas Distribution Company Limited was established on 8 February 2010 by the government of Bangladesh as a joint stock company. Its starting authorized capital was 30 million taka, [1] [3] which is now 10,000 million taka. It started its revenue collection from July 2010.