US-based Excelerate Energy has brought in foreign experts to repair its damaged floating storage and regasification unit (FSRU) and restore operations following a fire on Tuesday.
The FSRU is a vital component of Bangladesh's energy infrastructure, responsible for receiving, storing and converting imported liquefied natural gas (LNG) for the national grid. Its sudden shutdown has slashed the national gas supply by approximately 450 million cubic feet per day (mmcfd).
This massive shortfall has triggered a cascading energy crisis across the country. Plummeting gas pressure has severely disrupted industrial production and forced gas-fired power plants to scale back electricity generation.
The transport sector is heavily impacted. Farhan Noor, Secretary General of the Bangladesh CNG Filling Station and Conversion Workshop Owners Association, confirmed that stations are struggling to operate continuously. Operating at minimal capacity, these disruptions have caused long queues of vehicles at CNG stations nationwide.
Ordinary citizens are bearing the brunt of the shortage. Residents in Dhaka and other regions report intensified gas crisis, many households unable to cook for most of the day. In several neighborhoods, the supply has halted entirely, mirroring the struggles of key industrial zones where factories are scaling down production to cope with the low pressure.
