Asifur Rahman

Bangladesh is importing LPG at broadly normal levels, yet consumers are struggling to buy cylinders at the regulated price, as some operators have reduced supplies to the retail market while they wait for higher import costs to be reflected in the next price adjustment.

The country’s Tk 8,298 crore single point mooring (SPM) system has moved closer to regular operation after the government appointed an Indonesian operator, but its crude-oil pipeline could initially run at only about one-third of its designed annual capacity.

The zone consistently ranked among hardest-hit regions for power outages

The single point mooring (SPM) system, a giant pipeline built to unload oil from big ships in the Bay of Bengal and pipe it to onshore storage facilities, has been sitting idle for more than two years because no operator has been appointed.

The government has raised the prices of all four major petroleum products by Tk 20 a litre, passing on to consumers a large share of the high import cost that has been mounting since the US war on Iran.

Gas supply has returned to the level seen before the crisis began on July 21, as LNG output from the two floating terminals in Moheshkhali rose to nearly their regular volume for the first time in almost two months.

Bangladesh is now paying nearly $30 per million British thermal units (MMBtu) for liquefied natural gas from the spot market, almost three times what it typically paid before the war in the Middle East, as the government scrambles to secure supplies amid a prolonged gas crisis.

Bangladesh is now paying nearly $30 per million British thermal units (MMBtu) for liquefied natural gas from the spot market, almost three times what it typically paid before the war in the Middle East, as the government scrambles to secure supplies amid a prolonged gas crisis