** People rescuing an injured passenger from inside a passenger bus hit by a truck on Dhaka-Mawa Expressway in Shologhar area of Shreenagar upazila in Munshiganj on Thursday. ** Motorcycles allowed on Padma Bridge after 10 months ** Commuters charge extra fare, passengers disappointed ** 78 people killed in Yemen stampede ** Moon sighting committee meets today to ascertain Eid day ** 9 killed in road accidents in 3 districts ** US announces new $325 m military aid package for Ukraine ** Eid-ul-Fitr in Saudi Arabia today ** Eid exodus begins ** LPG price cut illusive ** 15 hurt as bus overturns in capital ** New interbank cheque clearing timings set for Eid holidays ** Four women hit by a train die in Tangail ** 12.28 lakh SIM users left Dhaka on Tuesday ** Sylhet engineer threatened over power outage ** People rush to village homes to spend Eid holidays with their near and dear ones. This photo was taken from Sadarghat Launch Terminal on Tuesday. NN photo ** Surge in cases of dehydration, diarrhoea amid summer heat wave ** Padma Bridge construction cost increases by Tk 2,412cr ** PM gives Tk 90m to Bangabazar fire victims ** Textile workers block highway demanding wage, Eid bonus ** Attack on PM's motorcade Ex-BNP MP, 3 others get life term ** Load-shedding increases for demand of electricity during heat wave ** Motorbikes to be allowed on Padma bridge from Thursday ** 5-day Eid vacation begins from today ** Take Nangalkot train accident as a warning about negligence of govt functionaries **

Private firm to supply gas from Bhola to industries in Dhaka

31 March 2023

News Desk  :
The Cabinet Committee on Economic Affairs (CCEA) has 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 the Bhola gas field.
As per the proposal, local firm Intraco Refuelling Station Ltd will initially supply 5.0 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) on Thursday while other members attended it, reports UNB.
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 Tk 35 as the feed gas price and Tk 8.0 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.

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