Titas proposes gas price hike up to 122 per cent - New Age


A Bangladesh Gas Field Company Limited web site shows a well at Titas gas field in Brahmanbaria.  Titas Gas Transmission and Distribution Company on Tuesday came up with a proposal for raising natural gas price by up to 122 per cent following a verbal order from the government to set an asset value of Tk 25 for one thousand cubic feet of gas. Titas managing director, Nowshad Islam, at a hearing on its proposal, did not mention the name of the person who issued the verbal order that prompted all the gas companies to submit their proposals for raising the prices of methane gas. - See more