Tag Archives: LPG

MNA Business Desk: Bangladesh has started commercial export of liquefied petroleum gas (LPG) to neighbouring India with initial shipment of around 1,000 tonnes per month. Two privately owned firms — Omera Petroleum and Beximco LPG — are now exporting LPG to Tripura, a landlocked northeastern state of India, by road. Presently, each of the firms is exporting around 500 tonnes a month, and the volume may climb to around 2,500 tonnes within several months. “We have started commercial export of LPG to India a couple of weeks ago after carrying out several test runs with a volume of several hundred ...

MNA Business Desk: Abul Maal Abdul Muhith, Finance Minister, remarked that the government has strongly decided against giving any new household natural gas connections and will stick to that decision. There is no point of spending present gas for cooking. He also stated that the use of natural gas for household tasks is an absolute waste of the valuable resource. The minister made the statement during a seminar arranged on the occasion of “National Energy Security Day 2016” by the Energy and Mineral Resources Division at Petro Center in Dhaka. Stating Liquefied Petroleum Gas (LPG) as an alternative fuel for ...

MNA Business Desk: Bangladesh has signed an agreement with oil and gas-rich Iran on the production of LPG bullet trucks, LPG industrial storage tanks, household cylinders for cooking stoves and cylinders for vehicles in Dhaka. This is the first contract related to combined investment between the two countries since international sanctions earlier enforced on Iran were lifted following last July’s landmark deal on curbing Tehran’s nuclear program. Following the deal with the West, Iranian Foreign Minister Mohammad Javad Zarif visited Dhaka and showed attention in improving relations with Bangladesh. Iranian Ambassador Abbas Vaezi said that this would open “a new ...