Gas Crisis Drives Fuel Oil Demand Skyward Amid Production Shortfalls

Chattogram's steel manufacturing company BSRM has been managing to keep production running with diesel and furnace oil amid the ongoing gas crisis, though output remains below half of its capacity.

Due to the gas and electricity crisis, many other institutions across sectors, including pharmaceuticals and textiles, are following the same path.

The country's industries had already been facing gas shortages but the crisis intensified after a fire accident at Excelerate Energy's floating liquefied natural gas (LNG) terminal in Maheshkhali on 21 July.