Govt to raise gas price
The government has planned to increase the price of gas in a bid to reduce the gap between pipeline and LP cylinder gas prices, State Minister for Energy Nasrul Hamid Bipu told parliament yesterday.
Hamid, however, did not give details as to when and to what extent the price of pipeline gas will be increased.
In a scripted reply, the state minister also said the government has been trying to encourage people to use LPG in order to reduce dependency on pipeline gas.
Currently, the price of an LP cylinder gas varies from Tk 1300 to Tk 1400 while the price of gas supplied to households (two-burner pipeline gas) is around Tk 450 in the capital.
In response to another query, Hamid informed the House that there is a stock of 14.94 tcf gas in the country as of July 2014 and it would be possible to supply the gas for next 14 to 15 years even if no new gas field was discovered within this time.
Replying to a query, the state minister said experienced and competent officials of Bangladesh Petroleum Exploration & Production Company Limited (BAPEX) are often leaving the lone state-owned gas and oil exploration organisation on regular basis due to its poor salary structure.
Hamid, however, said Bapex has taken various measures, including giving financial and other benefits, to make sure the expert and skilled officials do not leave the company.
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