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Govt to make offshore gas �costlier for itself�

Govt to make offshore gas ‘costlier for itself’
The government has made an attempt to amend the model Production Sharing Contract 2012 and to increase the price of gas produced by international oil companies (IOCs) from deep sea blocks. Sources with the state-run Petrobangla said that as per the current provision in PSC, an IOC would sell around 50 per cent of the gas produced in deep sea blocks to Petrobangla at USD 6.50 per mcf (1,000 cubic feet). The government is now planning to increase this to USD 8 per mcf. In September 2013, the government, after its failure to attract bidders for deep-sea oil and gas exploration, had increased the price from USD 5.50 to USD 6.50 per mcf by amending the model PSC. Through that amendment, IOCs were also exempted from paying 37.5 per cent corporate…

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AL secures strong footing
AL secures strong footing
After a ‘controversial’ national election in 2014, the Awami League (AL)-led government…

Democracy wins thru municipal polls: Quader

Democracy wins thru municipal polls: Quader

Obaidul Quader, road transport and bridges minister and a presidium member of the ruling Awami League, yesterday said that the people reasserted their commitment to democracy in Wednesday’s municipal election and that the popular system has won through the polls. “The country’s two…
Road dust makes 
city life miserable

Road dust makes city life miserable

Road dust has become the biggest source of pollution in the capital, especially during the dry season, for various unplanned construction works, posing a severe health threat to city dwellers, say experts. According to them, the air pollution originating from construction work-related processes like…
Last year, four trends were clearly on display

Last year, four trends were clearly on display

If 2015 has been a year of surprises, from the unexpected staying power of Donald Trump’s presidential bid to the shock devaluation of China’s renminbi in the summer, it has also been one in which four trends emerged, not all particularly welcome. One was that this is the year we learnt…
American Muslims have nothing to be ashamed about

American Muslims have nothing to be ashamed about

In recent days, Islampphobia, xenophobia and bigotry have got a new lease of life here in the US. The American Muslim community is beleaguered and is going through a horrific experience of hatred and lack of trust. Not to mention that the holocaust took place in Paris and then in San Bernardino has…
Produce items in anticipation 
of global demand: PM

Produce items in anticipation of global demand: PM

Prime Minister Sheikh Hasina yesterday urged the business entrepreneurs to come up with innovative idea, knowledge and qualitative strategy to diversify their products according to the global demand, reports BSS. "You have to explore markets for commodities in different parts of the world and produce…
World welcomes New Year with festivities

World welcomes New Year with festivities

AFP, NEW YORK: Millions welcomed in the New Year with Champagne and cheers Friday, although tightened security put a damper on festivities in Europe where Germany evacuated stations over an imminent terror threat and a huge hotel fire sparked panic in Dubai. In New York, around 6,000 police were watching…
Kalidas Karmakar’s 72nd solo art show begins at Nat’l Museum today

Kalidas Karmakar�s 72nd solo art show begins at Nat�l Museum today

DL desk A 22 day long 72nd solo art exhibition of internationally renowned artist Kalidas Karmakar titled ‘Alluvial Soul-Soil-Symbol’ will begin today at the Nalinikanta Bhattasali Gallery of Bangladesh National Museum, Shahbag in the city. Cultural Affairs Minister Asaduzzaman Noor will…
Aussies-Windies final Test from tomorrow

Aussies-Windies final Test from tomorrow

AFP, SYDNEY: Australia are contemplating bowling two spinners for the first time in 10 years with Stephen O'Keefe in line to partner Nathan Lyon against the West Indies in Sunday's final Test in Sydney. Not since Stuart MacGill partnered with Shane Warne against South Africa at the Sydney Cricket…
Tea workers continue protest in Habiganj

Tea workers continue protest in Habiganj

Tea workers of four tea estates in Habiganj district demonstrated yesterday against the move to set up a special economic zone (SEZ) by the government at Chunarughat upazila. The demonstration that took place from 9 am to 11am was the part of the programme that has been continuing since December 21.…
Planning Commission looks back at an outstanding 2015

Planning Commission looks back at an outstanding 2015

This year saw an outstanding achievement by the Planning Commission (PC), with a number of plans being formulated to bring the country under the middle-income category by 2021. In 2015, the PC formulated the Seventh Five-Year Plan (SFYP), the National Social Security Strategy (NSSS), the Bangladesh…
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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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