Bangladesh, July 31 -- or the last ten days, Bangladesh has been grappling with a severe gas crisis as one of the two FSRUs (Floating Storage and Regasification Unit) through which imported LNG was being regasified and added to the national grid became in operational following a fire on July 21. According to sources at the Energy and Mineral Resources Division, Excelerate Energy, the contractor for this particular FSRU, has requested until August 10 to fully restore operations at its damaged LNG terminal. The freak accident knocked out nearly 20% of the country's daily gas supply, which fell from 2700mmcfd to 2150mmcfd in a matter of days (against a demand of 3800mmcfd).

Petrobangla officials have told the media that several replacement...