Friday, September 21, 2018 | ePaper

Gas Distribution Co pressing for increase of gas price by 300 pc

  • Print
Anisul Islam Noor :
Karnaphuli Gas Distribution Company Ltd (KGDCL), responsible for distribution of gas in Chattogram region, on Tuesday pressed for increase of gas price hike by 300 percent on its existing price i.e from Tk 0.2489 to Tk 1.05 for per cubic metre of gas.
In the hearing, the technical committee of Bangladesh Energy Regulatory Commission (BERC) suggested to increase Tk 0.1988 per cubic metre.
BERC Chairman Monowar Islam, members Abdul Aziz Khan, Mizanur Rahman, Rahman Murshed and Mahmudul Hoque Bhuian organised the hearing on behalf of the regulator. Representatives from Consumers Association of Bangladesh (CAB), Bangladesh Power Development Board (BPDB), Gas Transmission Company Ltd (GTCL) and other civil rights group were present.   
The energy regulator started series of public hearings from June 11 over the proposals from the state-run gas companies for nearly doubling the gas tariff for consumers, except households.
The seven-day process started from June 11 with hearing on the proposal of state run Gas Transmission Company Ltd (GTCL) to raise wheeling charge for gas transmission.
It will be concluded on June 21 with hearing on the proposal of Sundarbon Gas Company Ltd (SGCL) for raising tariff for consumers.
Hearing on the proposal of Titas Gas Transmission and Distribution Company Ltd (TGTDCL) was held on June 13 and on the proposal of Bakhrabad Gas Distribution Company Ltd (BGDCL) on June 14.
Besides, hearing on the proposal of Jalalabad Gas Transmission and Distribution Company Ltd (JGTDCL) took place on June 18 and on the bid of Paschimanchal Gas Company Ltd (PGCL) to be held on June 20.
The hearings were held from 10.00 am to 12.30 pm everyday in the auditorium of state-owned Trading Corporation of Bangladesh (TCB) at Karwan Bazar in the capital.
The gas companies submitted the tariff hike proposals to BERC within one year of the previous hikes - to cope with the increased energy costs following the import of expensive LNG (liquefied natural gas).
Bangladesh received its first LNG cargo on April 24, as the US-based Excelerate Energy Bangladesh Ltd brought in its floating, storage and re-gasification unit (FSRU) carrying 1,36,009 cubic metres of lean LNG from Qatar's RasGas.
BERC raised the natural gas tariff by 22.70 per cent for all types of consumers in phases with effect from March 01, 2017 and June 01, 2017 respectively.
Fresh hikes in natural gas tariff might also come in phases with the increase in LNG import volume in the country.
The gas distribution companies in their unified proposals sought increase in the average natural gas tariff to Tk 12.95 per cubic metre (cm) from the existing Tk 7.39 per cm.
They wanted to raise tariff for the gas-fired power plants to Tk 10 per cm from the existing Tk 3.16, and for the fertiliser factories to Tk 12.80 per cm from the existing Tk 2.17.
Besides, the price of compressed natural gas (CNG) in the filling stations has been proposed to be hiked to Tk 48 per cm from the existing Tk 40.
For the industrial sector, natural gas tariff is sought by the distributors as Tk 15 per cm in place of the existing Tk 7.76.
For the gas-fired captive power plants, the proposed tariff hike is Tk 16 per cm from the existing Tk 9.62. Gas tariff for the tea gardens has been proposed to Tk 12.80 per cm from the existing Tk 7.42.

More News For this Category

As party activists the journalists are not a force and the new law is against social media

The much-debated Digital Security Bill 2018 was passed in parliament on Wednesday with a harsh provision allowing police to search or arrest anyone without any warrant. The bill got

Vehicles moving on iron sheets spread over under construction road in the wake of slow pace of development work at Rajarbagh area on Thursday amid fears of accident anytime.

Vehicles moving on iron sheets spread over under construction road in the wake of slow pace of development work at Rajarbagh area on Thursday amid fears of accident anytime.

President urged not to assent to Digital Security Bill

Monirul Alam :Eminent personalities -- rights activists, lawyers and journalists -- have expressed concern over the passes of the Digital Security Bill 2018 in the parliament on Wednesday saying the

It's time for FTA with USA

Bangladesh may push for a bilateral free trade deal with the US amid discord between the two countries over Generalized System of Preference (GSP). Trade officials said, the new engagement

Bangladesh`s Abu Hider (left) runs to celebrate the dismissal of Afghanistan`s Ihsanullah Janat (right) during the one-day international cricket match of Asia Cup between Bangladesh and Afghanistan, in Abu Dhabi, United Arab Emirates on Thursday. Afghanistan scored 255 for the loss of seven wickets in the stipulated 50 overs.

Bangladesh`s Abu Hider (left) runs to celebrate the dismissal of Afghanistan`s Ihsanullah Janat (right) during the one-day international cricket match of Asia Cup between Bangladesh and Afghanistan, in Abu Dhabi, United Arab Emirates on Thursday. Afghanistan scored 255 for the loss of seven wickets in the stipulated 50 overs.

Dr Kamal's Oikya Prokriya to hold rally Saturday BNP invited, decision to join

Staff Reporter :Dr Kamal Hossain-led anti-government political platform Jatiya Oikya Prokriya is going to stage grand rally in Dhaka on Saturday. The objective of the rally is to forge a

Trial to continue in Khaleda's absentia

Court Correspondent :The Special Judge Court-5 of Dhaka yesterday ordered that the trial proceedings in Zia Charitable Trust graft case will continue at the Old Central Jail in absence of

Holy Ashura today

Holy Ashura, commemorating the martyrdom of Hazrat Imam Hussain (RA), will be observed in the country today (Friday) with due religious fervour and solemnity.On this day in the Hijri year

Notorious man held for rape, killing

Md Joynal Abedin Khan :A notorious man has been arrested for raping and killing at least four and violating several dozens of teenaged girls in his own residence or some

No syndicate remains to send worker to KL: Minister

Staff Reporter :Expatriate Welfare and Overseas Employment Minister Nurul Islam on Thursday said, there will be no syndicate to send workers to Malaysia."No syndicate will send workers to Malaysia anymore.