Power, gas woes batter industry
Bangladesh, Aug. 4 -- Bangladesh's worsening gas shortage is inflicting heavy economic losses on industries and intensifying public suffering, with factories cutting production, export commitments coming under pressure and households struggling with prolonged disruptions in gas and electricity supply.
The crisis, triggered by a major reduction in imported liquefied natural gas (LNG) supplies following the shutdown of one of the country's two Floating Storage and Regasification Units (FSRUs) at Maheshkhali on July 21, has exposed the vulnerability of Bangladesh's energy system and raised fresh concerns over industrial competitiveness and investor confidence.
According to the Ministry of Power, Energy and Mineral Resources, the technical...
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