Staff Reporter :
The government has achieved the capacity to install power plants in the country with the help of the local technicians and to generate electricity as much necessary to meet the demand.
The State Minister for Power Nasrul Hamid said it while addressing the award giving ceremony of Power and Energy Week-2015, held in the Celebrity Hall of the Bangabandhu International Conference Centre.
The government will utilise every available option to meet the country’s growing energy demand. ‘That is why we are moving to import LNG
(liquified natural gas) and coal,’ he said. The power and energy ministry organized a seminar on the closing day of the Power & Energy Week that began last Thursday.
The seminars were addressed, among others, by Dhaka University Professor Dr Badrul Imam, Petrobangla Chairman Istiaque Ahmed, former Chairman Mosharrraf Hossain, former Managing Director of Gas Transmission Company Limited Aminur Rahman and former Petrobangla Director Imaduddin Ahmed.
Nasrul Hamid said, the government is working for meeting the energy demand keeping in mind that the requirement of electricity will be 40,000 MW in 2030.
He said, the government prefers the import of coal for power generation, as local coal extraction is costlier than import. ‘If we import coal, it will cost $43 per tonne. But it will be $66 per tonne if we extract it locally. So, considering the cost, we have decided to import coal.’ He also defended the decision to import LNG despite its cost will be over $14 per unit saying that many developed countries are now turning to this clean fuel from coal and nuclear.
Speaking on the occasion, Prof Badrul Imam said the government should exhaust all other options before going for the import of costly LNG. Referring to Prof Tamim’s study, he said, ‘The country will spend $16 billion a year in 2030 if we go for LNG import.’
Former Petrobangla Chairman Mosharraf Hossain said, foreign companies are not showing interest to come for deep sea exploration due to lower gas prices offered by the government. Meghna Petroleum Managing Director Sharif Ashrafuzzam and Petrobangla LNG Cell’s (Director) Kazi Anwarul Azim submitted separate keynote presentations at the seminar on LNG and petroleum issues.
The government has achieved the capacity to install power plants in the country with the help of the local technicians and to generate electricity as much necessary to meet the demand.
The State Minister for Power Nasrul Hamid said it while addressing the award giving ceremony of Power and Energy Week-2015, held in the Celebrity Hall of the Bangabandhu International Conference Centre.
The government will utilise every available option to meet the country’s growing energy demand. ‘That is why we are moving to import LNG
(liquified natural gas) and coal,’ he said. The power and energy ministry organized a seminar on the closing day of the Power & Energy Week that began last Thursday.
The seminars were addressed, among others, by Dhaka University Professor Dr Badrul Imam, Petrobangla Chairman Istiaque Ahmed, former Chairman Mosharrraf Hossain, former Managing Director of Gas Transmission Company Limited Aminur Rahman and former Petrobangla Director Imaduddin Ahmed.
Nasrul Hamid said, the government is working for meeting the energy demand keeping in mind that the requirement of electricity will be 40,000 MW in 2030.
He said, the government prefers the import of coal for power generation, as local coal extraction is costlier than import. ‘If we import coal, it will cost $43 per tonne. But it will be $66 per tonne if we extract it locally. So, considering the cost, we have decided to import coal.’ He also defended the decision to import LNG despite its cost will be over $14 per unit saying that many developed countries are now turning to this clean fuel from coal and nuclear.
Speaking on the occasion, Prof Badrul Imam said the government should exhaust all other options before going for the import of costly LNG. Referring to Prof Tamim’s study, he said, ‘The country will spend $16 billion a year in 2030 if we go for LNG import.’
Former Petrobangla Chairman Mosharraf Hossain said, foreign companies are not showing interest to come for deep sea exploration due to lower gas prices offered by the government. Meghna Petroleum Managing Director Sharif Ashrafuzzam and Petrobangla LNG Cell’s (Director) Kazi Anwarul Azim submitted separate keynote presentations at the seminar on LNG and petroleum issues.
