Related Keywords: Bangladesh Chambers of Commerce and Industry, Bangladesh Textile Mills Association, Ha-Meem Group a leading garment exporter, Jalal Ahmed Spinning Mills Ltd, Little Star Spinning Mills Ltd, Petrobangla, Spinners, spinners currently pay Tk 9.62 for every cubic metre of gas and use Tk 8 to Tk 9 worth of gas to produce a kilogramme of yarn, Titas Gas Transmission and Distribution Company, yarn
Abul Mansur Md Faizullah, chairman of Petrobangla, the state-owned gas and power supplying authority, said the government has imported liquefied natural gas (LNG) to meet the demand in the industrial sector. The government has also removed 122 percent tax on import of LNG, putting only 15 percent VAT in place for this imported gas, he said. He said the government has started giving gas connections to the industrial units. Tawfiq-e-Elahi Chowdhury, energy adviser to the prime minister, said the government would launch a crackdown on Titas to cut corruption.
