Energy Security Fund

Last updated
Energy Security Fund
Formation2015
Headquarters Dhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali

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 fee on domestic gas bills. [2]

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]

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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.