Energy Security Fund

Energy Security Fund is a Bangladesh government fund that was formed to fund gas exploration and extraction projects in Bangladesh.[1] It is funded through a few on domestic gas bills.[2]

Energy Security Fund
Formation2015
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali

History

Energy Security Fund was established in September 2015 by Energy and Mineral Resources Division of the Ministry of Power, Energy and Mineral Resources. It is managed by Petrobangla.[3] Its creation was approved by Bangladesh Energy Regulatory Commission. The Fund had over 70 billion taka in 2017.[4]

References
  1. "Still no policy on using Energy Security Fund". Dhaka Tribune. 26 August 2016. Retrieved 6 April 2020.
  2. "Gas Price Hike: HC rejects plea for stay order". The Daily Star. 10 July 2019. Retrieved 6 April 2020.
  3. "'20-year Energy Security Fund formulated for LNG import'". energybd. Archived from the original on 26 July 2019. Retrieved 6 April 2020.
  4. "Govt to use Tk 70b from energy security fund for LNG import". Daily Sun. Retrieved 6 April 2020.


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