In view of changing global economic orders Bangladesh have
formulated necessary policies to create the most congenial
environment for attracting private sector and foreign investment
in the petroleum sector. Increasing investment in the form
of Production Sharing Contract (PSC) and Joint Venture Agreement
(JVA) by the foreign companies, increasing commercial role
of Petrobangla and other companies in the energy sector, establishment
of Bangladesh Energy Regulatory Commission, growing concern
about energy security of the country have accentuated the
need for Energy and Mineral Resources Division to assume new
responsibilities.Such new
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responsibilities
include functions relating to planning and monitoring of
PSC and JVA and associated task of data management, petroleum
resource assessment, formulating national depletion policy,
regional market analysis, legal and regulatory frame work,
long term demand forecast etc. In the back drop of this
situation, Hydrocarbon Unit was established in the Energy
and Mineral Resources Division in July 1999 in the form
of a project titled “Strengthening of the Hydrocarbon
Unit in the Ministry of Energy and Mineral Resources”
under grant financing from Norwegian Government to take
care of the following functions: -
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- Resource
Assessment at regular intervals;
- Data
Management;
- Monitoring
production sharing companies activities;
- Production
and depletion management;
- Effectuate
established regulations;
- Recommend
on PSC approvals;
- Act
as technical arm and think-tank of the ministry;
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above project has been completed on 30 June 2005. |
The
Energy and Mineral Resources Division feeling the necessity
of continuation of the activities of Hydrocarbon Unit has
taken steps to put the unit on a permanent footing, which
is at present under special consideration of the Government.
Appreciating the first stage successful development of Hydrocarbon
Unit, Norwegian Government has expressed their interest and
provided necessary grant financing fund for the second phase
of the project. At present Hydrocarbon Unit is functioning
in the form of a project title “ Strengthening of the
Hydrocarbon Unit (Phase II)” |
The
objective of the project is to address the need of the Ministry
in discharging functions related to planning and monitoring
of PSC activities, associated tasks of data management, petroleum
resources assessment and formulation of national depletion
policy. The objective also includes strengthening of the Hydrocarbon
Unit (HCU) within the Ministry to function as full fledged
unit for overall development of oil, gas and mineral resources
sector of the country. Following activities are included for
implementation towards attaining the above objectives: |
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Oil and Gas Exploration & Development
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- Reserve and
Resource estimation of Oil and Gas at regular intervals.
- Updating
and expansion of Data management.
- Production
and Depletion Forecasting.
- Domestic
and Regional Gas Market Analysis.
- Planning,
Monitoring of Exploration, Production and Development activities.
- Providing
opinion, suggestion to the Ministry on Production Sharing
Contract (PSC) & Joint Venture Agreement (JVA) including
policy formulation.
- Establish
contact forums with private sector and suggest appropriate
policy initiatives to attract more private investment in
the energy sector.
- Initiate,
participate and recommend in Sectoral Reforms and Regulatory
Framework.
- Establish
International cooperation with the International Petroleum
Institutions and ensure technology transfer.
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Petroleum Refining & Marketing |
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- To
review and monitor activities of Petroleum Refining, Storage
& Distribution
- To
review, monitor and planning of POL product demand, supply,
pricing,, trading, etc.
- Review
of Acts, Rules, Regulations, etc and assist the Ministry
in formulating new policies, acts, etc.
- To
assist the Ministry in over viewing and monitoring of activities
involved in Petroleum Refining, Marketing and other related
activities.
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Mining |
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- Review
of resource assessment
- Provide
opinion and suggestion on mining proposals
- Review
of Acts, Rules, Regulations etc. and assist the Ministry
in formulating new Policies, Acts, Rules & Regulations
- Review
of Coal Mining, Coal Development Strategy, CBM and other
minerals including Hardrocks development activities.
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Act
as Technical Arm of the Ministry and perform the functions as
assigned by EMRD during implementation of the Phase-I project.
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>>
Contact information |
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Engr.
Anwar H. Khan
Director General
Hydrocarbon Unit
Energy and Mineral Resources Division
Ministry of Power, Energy and Mineral Resources
BTMC Bhaban (1st floor)
7-9, Kawran Bazar, Dhaka-1215
Bangladesh.
Phone : 88-02-9120735, 9117188, 9117794 (PABX), 8128223 (Direct)
Fax : ....88-02-8128224
E-mail : hcu@bttb.net.bd,
hcu_bd@yahoo.com |
