Bangladesh Cuts Power Hours Amid Worsening Gas Shortages

Bangladesh is intensifying electricity-saving measures as the country struggles with gas shortages and power cuts. A government directive, effective since August 13, requires shops, markets, and shopping malls to close by 8pm local time, one hour earlier than previously.

Commercial establishments are now allowed to operate only between 11am and 8pm, while hospitals, pharmacies, and food-related businesses are exempt. This move comes as natural gas shortages continue to constrain power generation, resulting in a shortfall of several hundred megawatts during peak hours.

The situation has been exacerbated by the Iran crisis, which has disrupted energy markets and increased volatility in global fuel and LNG prices. Bangladesh's reliance on imported LNG has left it vulnerable to supply disruptions and rising import costs.