Dhaka, July 26 (IANS) The ongoing gas crisis in Bangladesh, caused by a fire at a floating storage and regasification unit (FSRU) in Cox’s Bazar, is unlikely to ease anytime soon, local media reported on Sunday. The incident has reduced Bangladesh’s gas supply to below 2,150 million cubic feet per day (mmcfd), down from an average of around 2,700 mmcfd that had been maintained over the past year, despite the national daily demand standing at nearly 3,800 mmcfd, United News of Bangladesh reported…
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New Delhi, March 27 (IANS) Bangladesh’s annual fossil fuel import bill is projected to soar by $4.8 billion, a 40 per cent increase from 2025 levels, due to the Middle East crisis, according to a new analysis by Zero Carbon Analytics (ZCA).“This type of crisis is repeating itself, echoing the price shocks caused by Russia’s invasion of Ukraine, causing the costs of Bangladesh’s dependence on fossil fuels and its delayed energy transition to mount,” the ZCA analysts wrote in its latest …