Bangladesh energy report

• Institutions & Energy Policy

  The Ministry of Power, Energy and Mineral Resources (MPEMR) is responsible for the energy sector. Its Power Division is responsible for power-related policies, while the Energy and Mineral Resources Division is responsible for gas, petroleum products and coal.

  The Ministry of Finance approves the investments in the energy sector.

• Energy Companies

  Oil:

  Petrobangla (Bangladesh Oil, Gas and Mineral Corp) is the national fuel company. It is involved in all oil, natural gas and coal exploration/production projects. Petrobangla operates via several subsidiaries, of which 3 for oil and gas E&P (1 for oil and 2 for gas), 1 for gas transmission, 6 for gas distribution, 1 for LNG, 1 for CNG & LPG, and 1 for coal mining.

• Energy Supply

  Oil:

  Most of the oil is imported, as national production only covers 7% of the country's needs. The imports mainly consist of oil products (close to 79%). Oil product imports have more than doubled since 2000.

• Energy Prices

  Electricity:

  Prices were rising in nominal terms before 2014, although less than inflation. The Government aims to cut BPDB's losses, since the average sales price is lower than the production costs, and to overcome power shortages through investments. In 2014 the Government raised power tariffs by an average of 7%.

• Energy Consumption

  Energy consumption per capita is 0.25 toe, including around 410 kWh of electricity (2017).

  The country's overall energy consumption is increasing quickly (4%/year since 2010), driven by rapid economic growth (6.7%/year). Its progression, however, is 40% lower than the GDP, resulting in a rapid decrease of its energy intensity (-2.7%/year).

• Issues & Prospects

  Oil:

  Eastern Refinery Ltd, a subsidiary of BPC, plans to increase capacity of its refinery in Chittagong, from 3 to 4.5 Mt/year and awarded a contract for the expansion in 2016.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Bangladesh energy market report graphs:

• GRAPH 1: CO₂-energy Emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2018, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2018, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2018, %)
• GRAPH 9: Final consumption market share by sector (2018, %)

In the Bangladesh energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Bangladesh energy market data since 1990 and up to 2018 is included in the Excel file accompanying the Bangladesh country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

• Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO₂ emissions.
• Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
• Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
• Energy Balance: total and per energy.
• Bangladesh Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Bangladesh energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO₂ emissions (from fuel combustion).