Petrobangla has begun receiving bids from international oil companies keen to explore for hydrocarbons in Bangladesh’s 24 offshore blocks in the Bay of Bengal.
Japanese utilities are increasingly focused on marketing and reselling LNG overseas, new research shows, creating more competition in the global LNG market.
Last year’s COP28 provided an important framework for discussing a new energy systems order where fossil fuels would be less central, one analyst said.
Beijing’s actions in the South China Sea could derail Vietnam’s national energy plan, which aims to more than double electricity generation capacity.
Last year the Bangladeshi government already raised gas tariffs for power plants by 178.88% cent to Tk 14 per cubic meter.
Thailand and Cambodia are discussing joint Gulf of Thailand oil and gas exploration, but territorial disputes still pose a challenge.
LNG dependence has exposed the dark side of Bangladesh’s energy security over the past several months, in a country experiencing a severe gas crisis.