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.

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

Seven mega development projects by the government are well underway and are expected to have significant positive impact for the country. All of the seven top priority Fast Track Projects costing around $40 billion have now gained pace, although some of them are a few years behind the schedule.