Industries reeling from persistent gas crisis6 Feb 2025 21:29
How the heck this country is functioning is beyond belief……..!!
Industry insiders have said that due to years of interruption in gas supply, export-oriented industries and other manufacturing units were facing an acute crisis.
They also said that the country’s major industries, such as textiles, ceramics and the captive power plants of the readymade garment industry, require a gas pressure of 15 per square inch, but they usually get 2 or 3 PSI, even sometimes zero.
Factory units located at industrial hubs like Dhaka, Narayanganj, Gazipur, Narsingdi, Manikganj and Mymensingh are facing acute interruptions in the gas supply.
Moreover, the country cannot import sufficient LNG due to a reserve crunch, said the industry people.
The country requires around 4,000 million cubic feet per day (MMcfd) of gas, including imported energy. The current supply is under 3,000 MMcfd, leaving a supply deficit exceeding 1,000 MMcfd.
Talking to New Age, Showkat Aziz Russell, president of the Bangladesh Textile Mills Association, said that 50 per cent of the textile mills had been closed due to a gas shortage.
‘Our loan is becoming classified as overdue in the bank is increasing. We yet to receive any instructions from Petrobangla or any other government authority,’ he added.
https://www.newagebd.net/post/power-energy/257335/industries-reeling-from-persistent-gas-crisis