Bangladesh Grapples with Gas Shortage Amid Iran Conflict
Due to limited gas supplies, Bangladesh's electricity generation has been reduced, causing a shortfall of several hundred megawatts during peak hours. This has led to load-shedding in various parts of the country.
The situation was exacerbated by the Iran crisis, which disrupted energy markets and increased volatility in global fuel and LNG prices. As a result, Bangladesh, heavily reliant on imported LNG, is vulnerable to supply disruptions and rising import costs.
To mitigate this, the government has implemented energy-saving measures. Under a directive that took effect on August 13, shops, markets, and shopping malls must close by 8 pm local time, one hour earlier than previously. Commercial establishments are now permitted to operate only between 11 am and 8 pm, while hospitals, pharmacies, and food-related businesses are exempt.