Bangladesh's Petrobangla has cancelled some spot liquefied natural gas imports after one of the country's two import terminals was damaged during a cyclone, leaving it unable to receive shipments, two industry sources said on Tuesday
"The high dependence on imported fossil fuels has significantly impacted our energy system."
Bangladesh's Summit Group set to supply 1.5 million tons of LNG per year to Petrobangla for 15 years, starting from Oct 2026
Two private companies were given the go-ahead to import liquefied natural gas for the first time under two long-term contracts.
When LNG prices were high, not using LNG made sense. But does it make any sense now?
This dependence will only increase if we continue to become dependent on imported coal and LNG.
It is time to reduce our dependence on fossil fuels altogether.
The ongoing energy war is worsening impact of climate change
Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of "the first truly global energy crisis", the head of the International Energy Agency (IEA) said on Tuesday.
As part of its efforts to address gas crisis in the country, the government is going to import liquefied natural gas (LNG) from Oman.
The government is going to hike gas prices to adjust to the price of imported Liquefied Natural Gas (LNG) that is expected to arrive in the country next month.