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Energy & Power Magazine - October 1, 2018

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In this issue

Bangladesh’s fuel market has now grown to a matured level. Import and marketing of some products, including LPG and Lubricating Oil, have been opened to private sector as BPC alone cannot handle the expanded liquid fuel business. The environment of competitiveness between private and public sector has also been created. But BPC still has the monopoly in importing and marketing crude and refined products. Under special arrangement, the owners of furnace oil-based power plants are allowed to import liquid fuel for generating electricity and it costs less than that of the public sector. Other fuels like diesel, furnace oil, octane and kerosene are being imported and marketed by BPC. The use of liquid fuel is increasing constantly for economic growth. This trend is expected to take Bangladesh to a destination of mid-income and developed economic stages. Experts said that the demand for fuel would double from the present level by 2030. BPC does not have the capacity even now to handle the demand on its own. There must be continued efforts for strengthening the BPC to meet the future challenges.

Energy & Power Magazine Description:

Publisher: Energy-&-Power

Category: Business

Language: English

Frequency: Fortnightly

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