HC stays functioning of BERC committee formed to adjust LNG price
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Wednesday
February 01, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
WEDNESDAY, FEBRUARY 01, 2023
HC stays functioning of BERC committee formed to adjust LNG price

Court

TBS Report
31 October, 2022, 08:00 pm
Last modified: 31 October, 2022, 10:30 pm

Related News

  • HC wants to know measures to prevent air pollution in Dhaka
  • HC orders Viqarunnisa authorities to enroll 41 students to Class 1
  • Introduce guideline for using shackles on prisoners: HC
  • Bill passed allowing govt to adjust gas, electricity prices without public hearing
  • Bangladesh seeks spot LNG cargo for first time in 8 months

HC stays functioning of BERC committee formed to adjust LNG price

TBS Report
31 October, 2022, 08:00 pm
Last modified: 31 October, 2022, 10:30 pm
Photo: Collected
Photo: Collected

The High Court has stayed for three months the functioning of the Bangladesh Energy Regulatory Commission (BERC) committee, which was tasked with recommending adjustment of liquefied natural gas (LNG) prices at retail and wholesale levels.

The court on Monday also issued a rule, questioning the jurisdiction of the BERC in forming this committee. The Secretary of the Energy and Mineral Resources Division, the BERC chairman, and others concerned were asked to respond to the rule within four weeks.

The High Court bench of Justice Md Mozibur Rahman Miah and Justice Kazi Md Ejarul Haque Akondo passed the order after hearing a writ petition filed by the Consumers Association of Bangladesh (CAB).

The BERC formed the committee on 4 June this year. The committee has been formed to formulate recommendations for coordinating hearings on a six-monthly basis, said the BERC order explaining the reason for the formation of the committee.

The BERC director (petroleum) was made the convener of the committee while the deputy director (tariff) was made its member secretary. BERC director (electricity), assistant director (tariff), and representatives from the Energy and Mineral Resources Division, Petrobangla, the National Board of Revenue (NBR), and the Consumers Association of Bangladesh were kept as members of the committee.

Referring to the scope of work of the committee, the order said the committee would submit a report to the commission containing recommendations regarding the adjustment of the weighted average price of natural gas at the Petrobangla level and the price of natural gas at the consumer level according to the scope of work determined by the commission.

On 12 September, the CAB filed a writ challenging the BERC's Jurisdiction to form the committee.

On Monday, Barrister Jyotirmoy Barua moved for the writ while Deputy Attorney General Orbindo Kumar Roy presented the state.

After the court order, Barrister Jyotirmoy Barua told the media that according to the law, natural gas prices should be increased at the consumer level through public hearings. By forming a committee to recommend adjustment of LNG prices the BERC violated the law.

Top News

High Court (HC) / LNG / BERC

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Will reform pledges to IMF work this time?
    Will reform pledges to IMF work this time?
  • Infographic: TBS
    How to redirect inward remittances to formal channels
  • Photo: TBS
    By-polls in BNP MPs' vacant seats: Few voters in B'baria polling centres, clash in Chapainawabganj centre

MOST VIEWED

  • Photo: Collected
    HC wants to know measures to prevent air pollution in Dhaka
  • Photo: Collected
    HC asks for details of all hills in Chattogram
  • Photo: Collected
    HC orders Viqarunnisa authorities to enroll 41 students to Class 1
  • Supreme Court (SC), Bangladesh. Photo: TBS
    Appellate Division launches digital pass for litigants
  • Photo: Reuters
    HC seeks list of Bangladeshi workers who died building Qatar World Cup stadiums
  • Introduce guideline for using shackles on prisoners: HC
    Introduce guideline for using shackles on prisoners: HC

Related News

  • HC wants to know measures to prevent air pollution in Dhaka
  • HC orders Viqarunnisa authorities to enroll 41 students to Class 1
  • Introduce guideline for using shackles on prisoners: HC
  • Bill passed allowing govt to adjust gas, electricity prices without public hearing
  • Bangladesh seeks spot LNG cargo for first time in 8 months

Features

An elderly couple's lonely battle to save Dhaka's trees

An elderly couple's lonely battle to save Dhaka's trees

1h | Panorama
Infographic: TBS

How to redirect inward remittances to formal channels

3h | Panorama
Photo: Bloomberg

How the 'madoffs of Manhattan' can unravel Gautam Adani's empire

2h | Panorama
Photo: Collected

Tips to incorporate sustainable construction

1d | Habitat

More Videos from TBS

Alka Yagnik guinness world record

Alka Yagnik guinness world record

27m | TBS Entertainment
Interest rate should be left to market

Interest rate should be left to market

32m | TBS Round Table
Adani’s shares fell sharply after allegation

Adani’s shares fell sharply after allegation

16h | TBS World
Why Messi was blocked on Instagram?

Why Messi was blocked on Instagram?

15h | TBS SPORTS

Most Read

1
Bapex calls candidates for job test 9 years after advert!
Bangladesh

Bapex calls candidates for job test 9 years after advert!

2
Photo: Collected
Energy

8 Ctg power plants out of production

3
Photo: Saqlain Rizve
Bangladesh

Bangladeshi university students identified as problematic users of Facebook, internet: Study

4
Photo: Collected
Court

Japanese mother gets guardianship of daughters, free to leave country

5
Fund cut as Dhaka's fast-track transit projects on slow spending lane
Infrastructure

Fund cut as Dhaka's fast-track transit projects on slow spending lane

6
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Economy

IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net