Arafat Hasan: The Bangladesh Energy Regulatory Commission (BERC) is very likely to announce a fresh hike in natural gas tariff in September.
According to officials at the regulatory body, the decision was made in order to counter import bills of ‘expensive’ LNG.
After holding public hearings over the tariff hike proposals of state-run gas transmission, marketing and distribution companies in June, BERC is now at the final stage of its scrutiny, according to a senior commission official.
Chattogram consumers have been getting re-gasified imported LNG (liquefied natural gas) since August 18 after more than eight years of the move to import LNG by the government. Existing and new consumers of Chattogram are now receiving around 75-100 million cubic feet per day (mmcfd) of re-gasified LNG, reported The Financial Express.
The quantity of re-gasified LNG would gradually be increased to around 300 mmcfd by late September with the increase of pressure in the pipeline network, said the official, adding that the supply of re-gasified LNG to consumers would increase to around 500 mmcfd after the completion of an under-construction Anowara-Fouzdarhat pipeline.