He was speaking on Sunday at the 4th Asia LPG summit which was inaugurated in capital's Bashundhara International Convention City. The summit is organised by jointly World LPG association and All Events Group, Singapore.
“In Bangladesh, gas is used by about three million people mainly in the urban areas. This gas goes to the households via pipelines and to the vehicle industry, which amounts to roughly 12% of the total gas used in Bangladesh,” the state minister said.
“If this gas could be rerouted to industries, it would have a resounding economic impact. So, to keep up with the current government's challenge to provide safe, easily accessible and affordable household energy for everyone, we are promoting the use of LPG cylinders.” he said.
“Keeping in line with the governments vision of a developed Bangladesh by 2041, the ministry of Energy deems LPG can lead the way in domestic fuel. It will alleviate the crisis of our own natural gas and provide affordable, safe and clean household energy for all,” he added.
“The gas pricing formula will be fixed by sitting with the LPG operators as the LP gas operational licencing policy has been formed,” he said.
He also informed that initiatives had been taken to promote LPG in transportation sector as well.
To regulating safety in this sector, a committee has been formed to improve the capacity of the Department of Explosives.
He also informed that initiatives will be taken so that LPG reaches 70% areas in the next two years.
World LPG Association Director David Tyler said LPG was an extremely versatile form of energy. The energy emits low carbon and efficient. The demand of LPG in 2015 was 285 million tonnes.
LPG Operator's Association of Bangladesh President Salman F Rahman and Energy and Mineral Resources Division Secretary Nazimuudin Chowdhury spoke at the programme.