Energy Security Fund is a Bangladesh government fund that was formed to fund gas exploration and extraction projects in Bangladesh.[1] It is funded through a fee on domestic gas bills.[2]
Formation | 2015 |
---|---|
Headquarters | Dhaka, Bangladesh |
Region served | Bangladesh |
Official language | Bengali |
History
editEnergy Security Fund was established in September 2015 by Energy and Mineral Resources Division of the Ministry of Power, Energy and Mineral Resources. It is managed by Petrobangla.[3] Its creation was approved by Bangladesh Energy Regulatory Commission. The fund had over 70 billion taka in 2017.[4]
References
edit- ^ "Still no policy on using Energy Security Fund". Dhaka Tribune. 26 August 2016. Retrieved 6 April 2020.
- ^ "Gas Price Hike: HC rejects plea for stay order". The Daily Star. 10 July 2019. Retrieved 6 April 2020.
- ^ "20-year Energy Security Fund formulated for LNG import". energybd. Archived from the original on 26 July 2019. Retrieved 6 April 2020.
- ^ "Govt to use Tk 70b from energy security fund for LNG import". Daily Sun. Retrieved 6 April 2020.