In 2014, wind-generated energy made up overall 39.1% electricity consumption of Denmark,  according to the country’s Climate and Energy Ministry. The figure makes the country the world’s leading nation in wind-based power usage. Wind energy only contributed to 18.8% of the overall electricity production in Denmark in 2004. But 10 years later, this figure has more than doubled. In January 2014 alone, power from wind made up 61.4% of the Danes’ electricity consumption. “These are incredible figures,” said Denmark’s Climate and Ene...

Petronet LNG Ltd, India’s biggest importer of liquefied natural gas (LNG), is among five global energy firms that have been shortlisted for setting up an LNG import terminal in Bangladesh. Bangladesh is looking at setting up a 3.5 million tons a year LNG import facility at Matar Bari in Moheshkhali Island of Cox’s Bazar district or Anwara, Chittagong. The terminal, which is to be set up on the build-own-operate basis, will supply gas to power plants. In all 15 firms responded to Bangaldesh’s tender seeking expression of interest by June 30. Of ...

Government subsidy of up to Tk 75 crore a year, meant to support LP gas (cooking gas) consumers, is being eaten up by a few middlemen for years. Though these middlemen (dealers) are thriving at the expense of taxpayers’ money, the government has done little in the last five and a half years to correct the price of the Bangladesh Petroleum Corporation (BPC)-produced liquefied petroleum gas in line with the market rate, reports the Daily Star. State-owned BPC sells a 12.5kg LP gas cylinder for Tk 700, while pr...

To bolster bilateral energy ties, Bangladesh has suggested setting up of a thermal power plant through a joint venture in India. In this regard, Bangladesh has proposed that a coal block could be allocated to the joint venture entity while power generated from the plant could be supplied to Bangladesh. The proposed plant would be on the lines of 1,320 MW thermal project in Rampal- being jointly developed by NTPC and Bangladesh Power Development Board (BPDB)- in the neighbouring nation. "We have proposed that if we are given a coal block (by the Ind...

Energy Advisor to the Prime Minister of Bangladesh, Dr. Tawifq-e-Elahi Chowdhury, BB, met Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Prahdhan, on Wednesday. Both sides discussed the need to greatly enhance cooperation in the Oil and Gas Sector to the mutual benefits of people of the two countries. Shri Pradhan requested cooperation from Govt. of Bangladesh for materialization of Indo-Bangla product pipeline from Siliguri to Parvatipur, which is...

Bangladesh will start to buy gasoil from the Turkish Petroleum International Company in 2015 for the first time to meet its growing demand for fuel. Bangladesh will start to buy gasoil from the Turkish Petroleum International Company in 2015 for the first time to meet its growing demand for fuel. Turkish Petroleum International Company is to supply Bangladesh with 60,000 tons of gasoil in 2015 for the first time to meet the growing demand for fuel in the country, the chairman of the state Bangladesh Petroleum Corp (BPC) said Dec. 7. ...