Keeping the retail tariff of natural gas for the consumers, the government has reset the margins and charges of the gas value of different upstream and downstream companies.

The Energy and Mineral Resources Division of the Ministry of Power, Energy and Mineral Resources brought this change in the margins through different office orders, which will come into effect from the billing month of July.

It said the new orders came as follow-up of the new retail tariff announced on January 18, 2023 which were effective from February 2023. As a result, officials of the Energy Division said that there will be no effect on the consumers about the reset margins.

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As per the orders, issued on July 19, the Bangladesh Gas Fields Company Limited (BGFCL) will get Tk 1 per cubic meter (CM) while Bangladesh Exploration and Production Company Limited (Bapex) will get Tk 4 per CM, Sylhet Gas Field will get Tk 1 per CM.

As a principal body Petrobangla will get Tk 0.0683 per CM as operational charge while Rupantarita Prakritik Gas Company Limited (RPGCL) will get 0.1043 per CM, as a transmission company the Gas Transmission Company (GTCL) will get Tk 1.02 per CM.

margins of the downstream entities—mainly the sig gas distribution companies—were also reset by the Energy Division.

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The six gas distribution companies are Titas Gas Transmission and Distribution Company Ltd (Titas Gas), Bakhrabad Gas Distribution Company Limited (BGDCL), Jalalabad Gas Transmission and Distribution System Ltd (JGTDSL), Paschimanchal Gas company Limited(PGCL), Karnaphuli Gas Distribution Company Limited (KGDCL) and Sundarban Gas Company Limited (SGCL).

According to new orders, the companies will send the margins of the upstream entities including Petrobangla directly to them keeping margins of Gas Development Fund, BERC Research Fund, Energy Security Fund (ESF) unchanged.