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Bangladesh has been witnessing a severe gas shortage for some time now as production from the local gas fields declined substantially over the past few years. Consequently, power generation, mostly dependent on gas, is currently facing a serious setback forcing the government to go for rationing electricity distribution across the country. Apprehending the fast depletion of domestic gas reserves amid growing demand, the government started importing LNG in 2018 to make up for the deficit. Things were smooth due to the suppressed demand during the COVID-19 pandemic. But the sorry state of the energy sector was exposed as the economic activities started resuming after the pandemic. The government had taken another initiative to go the extra mile and import more LNG. This time, it had to depend on the expensive spot market as the fuel being imported under long-term contracts is not enough to meet the increased demand. But the war in Ukraine and the consequent adverse impact on the global fuel market made the LNG prices too costly to afford, forcing the country to suspend imports from the spot market and go for an area-wise planned power outage. Looking forward, State Minister for Energy Nasrul Hamid expressed his frustration and said the gas crisis would continue to deepen with time.

Experts are not also that much optimistic about any immediate solution but suggested extensive hydrocarbon exploration onshore and offshore, taking decisions on mining coal, and going for expansion of renewable energy, including solar.

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