Gas-supply

Industrial production is returning to normal as gas supply has visibly improved in various industrial zones across the country. Gas pressure at factories has increased from 2 PSI (pounds per square inch) to as high as 7 PSI. At the same time, power load shedding has decreased. Industrial entrepreneurs said areas that previously experienced power outages for 7 to 8 hours are now facing only one to one and a half hours of load shedding. They said gas supply has improved significantly in the...

Gas supply has resumed from Summit Group’s floating LNG terminal, in Maheshkhali. At 6:10 pm Friday, the terminal began supplying around 110 million cubic feet per day (MMcfd) of regasified liquefied natural gas (RLNG) to the national grid. Confirming the matter, a Summit official said the company had taken an important step to increase gas supply to the national gas grid and help address the country’s ongoing gas crisis. After supply began in the evening, it will be gradually increased,...

Summit Group has said its floating LNG terminal, in Maheshkhali is fully operational and ready for gas regasification. In a statement on Friday, Summit said a new LNG cargo is expected to arrive at its terminal by the evening. This could improve gas supply. However, for the overall national grid to return to normal, Excelerate’s terminal will also need to return to full capacity, which is expected to take several more days. Summit said an LNG cargo vessel could not be connected to the te...