Dhaka, Sept. 18 -- Bangladesh's LNG terminals are reportedly back near full capacity, but the wider gas shortage remains.

Gas supply from the two floating terminals off Moheshkhali recovered to 1,015 million cubic feet per day (mmcfd) this week, about 92 percent of their combined capacity. Yet total national supply stood at only 2,624mmcfd, against estimated demand of around 3,800mmcfd.

At the same time, the war in West Asia has disrupted LNG supplies and shipping through the Strait of Hormuz, pushing Asian spot prices from around $10 per million British thermal units (MMBtu) before the supply shock to nearly $30.

Bangladesh has increasingly relied on imported LNG as domestic gas production falls. The Gulf disruption has now made that ...