Friday, June 2 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of May 29
Week of May 22
Week of May 15
Week of May 08
Week of May 01
By Topic
By News Partner
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    Private firm gets nod to supply gas from Bhola to industries in Dhaka, elsewhere

    March 30, 2023 - United News of Bangladesh


      Dhaka, March 30 -- The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved in principle a proposal of the Energy and Mineral Resources Division to allow a private firm to supply gas in CNG (compressed natural gas) form from the Bhola gas field.

      As per the proposal, local firm Intraco Refuelling Station Ltd will initially supply 5 million cubic feet per day (MMCFD) gas and later 20 MMCFD gas to the private industries in Dhaka from Bhola gas field under the Sundarban Gas Company Limited (SGCL) under a 10 years contract.

      Finance Minister AHM Mustafa Kamal presided over the meeting of the CCEA) while other members attended it.

      State-owned Bangladesh Petroleum Exploration and Production Company Limited (Bapex) has discovered the Bhola gas field. However, nothing was mentioned about the rate of the gas to be sold to the industries.

      Both the Bapex and SGCL are subsidiaries of the state-owned Petrobangla, the principal petroleum corporation responsible for dealing with both upstream and downstream production and supply.

      Petrobangla Chairman Zanendra Nath Sarker, however, recently said the surplus gas from Bhola fields will be supplied to factories in Dhaka, Gazipur and Mymensingh's Bhaluka from early June this year.

      Officials said the Intraco Refuelling Station has been selected for the contract under the Promot Enhancement of Electricity and Energy Supply (Special Provisions) Act, 2010.

      Currently, about 2300 mmcfd gas is being produced from 22 gas fields in the country, while about 700 mmcfd gas is being imported from abroad to meet the demand of about 4000 mmcfd, leaving a deficit of about 1000 mmcfd.

      The two Bhola gas fields have around 200 mmcf production capacity, while the production hovers between 80-85 mmcf.

      Therefore, around 120 mmcf surplus capacity remains unused in the eight wells of the Shahbazpur and Bhola gas fields.

      Due to the lack of pipeline and transmission facilities, the government was unable to supply the surplus gas from the Bhola field to other energy-hungry industrial zones in Dhaka and elsewhere.

      At present, the rate of compressed natural gas (CNG) is Tk43 per unit (1 cubic metre), including Tk35 as the feed gas price and Tk8 as the operating margin.

      But due to compression, transportation and then depressurisation, alongside different other charges, the price for Bhola gas might cost over Tk 56 per unit, said the officials. Published by HT Digital Content Services with permission from United News of Bangladesh. For any query with respect to this article or any other content requirement, please contact Editor at


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.