In this issue

The cabinet on September 3 approved the amended Production Sharing Contract (PSC) of gas sector with changes, including increased price for the gas to be produced from the deep sea. However, there is apprehension over the chances of getting bid response at the fag end of the present government. Civil society group OGPC said the amendment went against the interest of the country and demanded cancellation of it. Petrobangla suggested increasing price for the gas before approving the amendment to the contract. But policymakers were against increasing the price. Experts, however, suggested that the IOCs would not take part in the bids at the gas price declared in the PSC. So there is already a dilemma for the government over increasing the price of gas. Although the cabinet okayed the amendment, there is still scope of reconsidering, if it is really needed. The government must scrutinize every aspects before going for such an important amendment. But national interest should be on top of everything. This is what the nation expects in the final days of this government.

Energy & Power Magazine Description:

Energy & Power (EP) is the first and only full-fledged fortnightly magazine that deals with the much cried over energy and power sector in Bangladesh. Since its inception in June 16, 2003, EP is working very hard to 
a) Develop public consciousness on sustainable and even development of energy sector; 
b) Assist the policy makers in assuming pragmatic policies for a balanced development of the energy sector; 
c) Continuous supply of information among public; and 
d) Develop a group of reporters in this field 

Bangladesh is an energy deficit country like other countries in the region and most of the people do not have adequate access to the energy and power. The country is completely dependent on fossil energy source; at the same time, it is one of the most inefficient energy using countries in the world. 
It lacks efficiency in planning, management, generation, distribution, load management and even at the end user level consumption. 
In spite of the above drawbacks, issues relating to utilization of renewable energy, exploring alternative use of energy, planned use of environment friendly energy are significantly undermined in Bangladesh. 
The biggest challenge of Bangladesh is to find a path for balanced growth of its energy sector. Despite its resource constraints, EP dynamically strives to provide theenergy sector with a flow of information and create public awareness; so that policymakers get guidelines and platforms for its sustainable development.

Code of Ethics 
EP believes that public enlightenment is the forerunner of justice and the foundation of democracy. The duty of a journalist is to further those ends by seeking truth and providing a fair and comprehensive account of events and issues and professional integrity is the cornerstone of a journalist's credibility. We strive to serve the public with thoroughness and honesty.

The EP editorial policy is to share a dedication to ethical behavior and uphold the zero conflict of interest principles and highest standards of practice. 

EP believes in 
o Seeking truth and reporting the same 
o Minimize harm