The hearing on the payment dispute between state-run Bangladesh Power Development Board (BPDB) and India's Adani Power Jharkhand Ltd (APJL) will begin in the Singapore International Arbitration Centre (SIAC) during the first week of August. Attorney-General of Bangladesh Barrister Md Ruhul Quddus
The government has ruled out organising overseas roadshows to promote Bangladesh's offshore licensing round, saying it will instead engage directly with international energy companies while pursuing a lower-cost approach to attracting investment. "I have no plan to arrange such overseas roadshows
Bangladesh's long-term LNG supply plans have suffered another setback as US-based Excelerate Energy joined QatarEnergy in halving contracted deliveries for 2026, forcing the country to rely more heavily on costly spot purchases. The US company has informed state-run Petrobangla that it will be una
The government-imported liquefied petroleum gas (LPG) is all set to hit the domestic market in October, helping keep the domestic cooking-fuel market stable. "We have taken steps to provide the state-imported LPG to the private sector in October on a pilot basis," Energy and Mineral Resources Divi
Bangladesh's flagship 150-Well Drilling Programme has delivered only about one-third of its targeted gas supply increase after four years, with declining production from ageing gas fields continuing to outpace new additions and forcing greater dependence on imported LNG. The country has added only
Bangladesh has reduced its outstanding electricity payment dues to Adani Power by more than half over the past year, with regular payments helping restore full-capacity power supply from the Godda plant and easing concerns over cross-border electricity imports. The arrears owed to the Indian busin
Bangladesh will arrange at least two overseas road shows to rope in potential oil- and gas-exploration companies from across the globe for participating in the already-opened offshore bidding round. One show is planned to be staged in Houston in the United States and another in global business-hub
Bangladesh has been forced to increase its purchases of costly liquefied natural gas (LNG) from the volatile spot market after three contracted suppliers invoked 'force majeure' under five sales and purchase agreements (SPAs), industry insiders said. According to market sources, QatarEnergy, OQ Tr