The government must take timely steps to keep the power plants running and the power supply uninterrupted.
Faced with a chronic gas crisis and volatile exchange rates, a number of ailing textile millers are putting their factories up for sale as they are no longer able to contend with losses stemming from dwindling production.
The persistent gas crisis in Bangladesh has been severely hindering the nation’s ceramics industry over the past three to four months, leading to a roughly 20 percent drop in overall production quality in the sector.
Primary textile millers want adequate gas supply in their factories as nearly 40 percent of their production capacity is currently unutilised due to low pressure of gas, the price of which increased by nearly 100 percent in February this year.
Investment has dried up in Bangladesh’s dyeing sector, a vital cog in the textile and apparel supply chain, owing to the dragging gas shortage despite higher demand for fabrics from local garment exporters, industry people say.
What have the authorities done in all these years to increase Bapex’s capacity?
Says Petrobangla chairman
Gas supply will remain suspended for eight hours, from 10:00am to 6:00pm, for all kinds of consumers in different areas of Dhaka due to maintenance work
Titas Gas Distribution Company Ltd has started disconnecting gas supply to households and industries in the capital due to unpaid bills of around Tk 1,500 crore.
Gas crisis started in Bangladesh in March of 2022. But the crisis worsened in the last two months.
Sugar has become dearer with prices going up by Tk 15 a kg at retail markets as millers cut supplies blaming insufficient gas flow at refineries.
The acute gas crisis, which has been plaguing the industrial sector and households, is unlikely to see a drastic improvement anytime soon.
Forty-five percent of the natural gas used in Bangladesh comes from Bibiyana Gas Field. But, what is going to happen when the production of Bibiyana starts to decrease?
Time to focus on exploring untapped natural gas
Govt must plan for future, reduce dependence on gas imports
After four days of disruption, the Chevron-operated Bibiyana gas field resumed full production from this morning – which is likely to end the gas crisis in parts of Bangladesh.
