LNG-terminal

Despite criticism from opposition parties over the law and order situation, Home Minister Salahuddin Ahmed dismissed the concerns, saying there has been visible improvement in the situation over the past six months. According to the Home Minister, the people of the country will assess whether they are satisfied with the law and order situation. The government can say that there has been visible improvement over the past six months. He made the remarks while speaking to reporters after a m...

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...

Minister for Power, Energy and Mineral Resources Iqbal Hasan Mahmud has said there is no alternative but to wait for the ongoing crisis to be resolved until repairs to the floating LNG terminal, or FSRU, are completed. He made the remarks while joining an online dialogue organized by the research organization Centre for Policy Dialogue, or CPD, at BRAC Centre in Mohakhali on Thursday. Iqbal Hasan said the government is making every possible effort to support the country's industries and p...

Severe gas shortages have disrupted daily life across the country. Many people have been forced to buy electric stoves, while also relying on liquefied petroleum gas, or LPG. At times, when LPG prices rise abnormally or electricity is unavailable, some have even cooked on wood burning stoves on their rooftops. Such scenes have been witnessed in the capital. Prime Minister Tarek Rahman has taken the severity of the crisis into account. On Monday, he sent a letter to Malaysian Prime Minister...