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Big bad news about gas; normalcy may take time until after August 15

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Big bad news about gas; normalcy may take time until after August 15
Petrobangla has said it will take more time to normalize gas supply to the national grid. The crisis has deepened as an LNG carrier had to turn back after being unable to dock due to rough conditions in the Bay of Bengal. The organization also said there is little possibility of the situation returning to normal before August 15.

As the vessel could not anchor at the Summit LNG terminal in Maheshkhali, supply from there has dropped from 500 million cubic feet per day to 100 million cubic feet. Meanwhile, with partial supply also continuing from the Accelerate Energy terminal, total supply to the national grid from both terminals now stands at about 400 million cubic feet. This has created an acute gas crisis at the consumer level.

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Power, Energy and Mineral Resources Minister Iqbal Hasan Mahmud Tuku said there is no alternative until the floating LNG terminal becomes operational. Engineers are continuing repair work swiftly.

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