In this issue

For sustainable energy security, Bangladesh cannot afford going exclusive to imported fuel leaving its vast offshore prospect of petroleum untapped. In foreseeable future, BAPEX cannot acquire capacity for exploring on stand-alone basis in offshore and even in difficult structures in onshore. We desperately need IOC investment in exploration. To facilitate that we have no option but creating appropriate contracts under PSC carefully balancing risks and rewards. No question of gas export would arise till domestic demand is fully met. Gas price must be comparable to regional and international gas price. But for negotiating and concluding win–win PSC and overviewing and managing professionally, we need smarter and more efficient Petrobangla equipped with qualified trained professionals. Exploration, development and operation costs management of IOCs are the essence of deriving expected benefits from PSC operation. Petrobangla must develop capacity for monitoring and overviewing all activities of IOCs at all stages without actually causing impediments.
Decisions at every stage need to be transparent and quicker. If a fresh PSC round can be invited by early 2020, some good news from the Bay of Bengal can be coming by 2026.

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