Energy-security

The presence of US companies in Bangladesh’s energy sector is nothing new. However, their involvement appears to have gained a new dimension in recent times. From exploring and producing gas underground to searching for oil and gas beneath the seabed, importing liquefied natural gas (LNG), operating floating terminals and securing long-term energy supplies, US companies are becoming involved in almost every major segment of the country’s energy sector. The US multinational company Chevron...

Dark clouds of war appear to be gathering over the Middle East once again. On one side is the Iran US conflict. On the other is the rapid military advance of the Houthis in Yemen. Amid these two crises, the biggest concern now is one of the world’s most important waterways, the Bab al-Mandab Strait. The Iran backed Houthis achieved a major territorial gain on Friday after only a few days of operations along Yemen’s Red Sea coast. Saudi backed Yemeni government forces retreated after 18 ho...

The government has adopted a new plan to prevent gas shortages in the industrial sector. Prime Minister Tarique Rahman said the government has set a target of drilling 150 gas wells by 2030 to 2031. He made the disclosure during the question-and-answer session in Parliament on Wednesday (September 9). The prime minister said, “A total of 4,500 km of 2D seismic surveys and 4,200 square km of 3D seismic surveys will be conducted to explore domestic gas sources.” He said an international bi...

Prime Minister Tarique Rahman has blamed the previous government for the country’s current energy crisis. He said the current government is implementing an integrated plan to overcome the crisis. The prime minister spoke about the issue during the question-and-answer session in Parliament on Wednesday against the backdrop of the ongoing energy crisis and the resulting electricity crisis, according to BSS. The question was asked by female lawmaker Selina Sultana. Explaining the causes of t...

At home or outside, in offices or factories, people are struggling for energy such as electricity and gas. Yet the country does not lack electricity generation capacity. There are large power plants. But the lights are not on. The reason is the collapse of management. The entire energy sector has been operating on wrong decisions for years. The current crisis is the result of wrong policies and mismanagement. The General Economics Division (GED) of the Planning Commission has prepared the...

The Energy and Mineral Resources Division under Ministery of Energy and Power has said that the proposed policy for importing petroleum oil by the private entrepreurs does not provide any scope for offering special benefits to any particular individual, entity, or group.Muhammad Arif Sadek, Deputy Chief Information Officer of the Ministry of Power, Energy and Mineral Resources, cited this in a press release issued on Saturday.The press release said the government has taken initiative t...

Iran has called for expanding strategic cooperation with Pakistan to help reduce tensions in the Gulf region. Tehran also described Islamabad’s diplomatic efforts as an important contribution to regional peace and stability. Iranian Ambassador to Pakistan Reza Amiri Moghadam made the remarks at a roundtable organized by the Center for International Strategic Studies (CISS). He said, “Pakistan has played a constructive diplomatic role in facilitating dialogue and advancing efforts for reg...

The government has taken an initiative to supply liquefied petroleum gas (LPG) cylinders at affordable prices to low-income families in remote and rural areas of the country. A policy decision on the matter was made at a meeting of the Cabinet Division chaired by Prime Minister Tarique Rahman on July 9. The Energy and Mineral Resources Division is now working on the process, including how the program will be implemented and who will receive the benefit. Officials hope it will be launched soon. E...