Bangladesh is set to pay 35-37 percent more than what it currently pays for regasification services to a Chinese state-owned firm for the proposed third LNG terminal, although the government’s negotiation committee could not determine how much of the premium is justified.

Every disruption at floating terminals spirals into national gas crisis

Bangladesh is exploring importing LNG from Malaysia in ISO tank containers to supply to industries and power plants directly, potentially providing a faster solution to the country’s gas crisis without requiring a new floating storage and regasification unit (FSRU).

The government is moving to expand the country’s LNG import capacity with another floating storage and regasification unit (FSRU) and a land-based facility as domestic gas production continues to decline and the cost of imported gas is rising sharply.

The disruption has affected industries, power plants, and CNG (compressed natural gas) filling stations in different parts of the country

Summit Group has said that they didn't breach any conditions precedent (CPs) of the agreement signed with Petrobangla to build its second Floating Storage and Regasification Unit (FSRU) project and urged the government to reverse the decision of termination of the agreement

Gas supply has been shut in Chattogram since morning due to technical glitches in the Floating Storage and Regasification Unit (FSRU) of liquefied natural gas at Maheshkhali, said Petrobangla in a press release