New Gas Connection to Industries Soon

(Last Updated On: 08/22/2017)

 

A total of 350 industries is about to get gas connections soon.

As a part of govt. initiatives to reintroduce new gas connections to industrial units after a long time, the industries of Dhaka and its nearest areas will get their desired gas connections in the next year.

Energy Secretary Nazimuddin Chowdhury has confirmed the news of reintroducing new gas connections at a seminar on August 2017 at the Habibur Rahman Auditorium of Petrobangla office.

The seminar was organized on a day long observation of the National Energy Security Day-2017.

Nazimuddin Chowdhury said, the government has recommended initiating gas connections to 350 industries in Chittagong, which will likely to take effect in early 2018.

“The deficit that will be created in gas supply for these new gas connections will be mitigated by the imported LNG,” he added.

Tanneries of Savar area will get gas connections soon.

The scarcity of gas is halting the growth of the country’s economy, which would be solved after one year after the LNG import.

Dr. Tawfiq-e-Elahi Chowdhury, BB, the advisor to the Prime Minister of Bangladesh on Energy, Power and Mineral Resources presided over the seminar.

He said, “The government is trying to find out more sources of gas within the country’s territory and also trying to import from abroad to meet the country’s current demand for gas.”

“The government has emphasized on exploration for gas in both offshore and shore areas.” he remarked.

Realizing the necessity of the country’s energy security, Bangladesh has bought and nationalized 5 of the gas fields from the then British Oil company ‘Shell Oil’ with a nominal price on this day in 1975.

Bangladesh is now willing to buy three of the major gas fields also.

Three new pipelines are yet to install to transport fuel oil from Chittagong to other parts of the country, which will reduce the cost.

Bangladesh is going to bind with Qatar for a long term to import LNG while more deals are likely to be signed with Oman, Indonesia, and Switzerland.

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Towards Biz

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Towards Biz is one of the dedicated news agency focused on Bangladesh Lubricants Oil Market.

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