Gas Crisis Worsens as Bangladesh's Floating Terminal Goes Offline

The gas crisis in Bangladesh has worsened after Summit's floating LNG terminal went offline due to bad weather, further reducing the country's already strained natural gas supply.

The terminal had been reducing its supply by around 100 million cubic feet per day (mmcfd) as an LNG tanker waited to offload its cargo. With the latest disruption, LNG supply to the national grid has now fallen below 300 mmcfd, compared with around 1,000 mmcfd normally supplied.

The total gas supply has consequently dropped to around 1,930 mmcfd against a daily demand of around 3,800 mmcfd. This shortage has already crippled major industrial zones, transport via CNG-run vehicles, cooking at homes, and drastically reduced gas-fired power generation.