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Energy disruption hits Bangladesh and Pakistan as Gulf crisis worsens
Bangladesh faces widespread blackouts and factory slowdowns as gas shortages force reliance on costly spot LNG, with 55% of knitwear factories reporting canceled orders.
- Bangladesh is experiencing blackouts and factory shutdowns because of an energy shortfall.
- Bangladesh relies on imported liquefied natural gas for more than 40% of its electricity, while disruptions from Qatar have pushed it toward costlier spot-market cargoes.
- A Bangladesh Knitwear Manufacturers and Exporters Association survey found that 55% of factories reported canceled or reduced orders, while 78% had partly halted production.
- Pakistan introduced a fuel subsidy after petrol reached about 380 rupees per litre and diesel reached 409 rupees per litre.
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(Hanoi=Yonhap News) Correspondent Park Jin-hyung = As concerns grow over disruptions in oil and gas transport in the Red Sea following the Strait of Hormuz, South Asian countries such as Bangladesh and Pakistan...
·Seoul, Korea (the Republic of)
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Energy disruption hits Bangladesh and Pakistan as Gulf crisis worsens
In Dhaka, the capital of Bangladesh, Parvin Akter times her cooking to the neighborhood's availability of piped gas. With gas in intermittent supply as a result of a global energy crunch, she now sometimes has to wait until midnight to cook her dinner.
·London, United Kingdom
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Cryptocurrency News | Cryptocurrency Prices | Market CapGulf crisis worsens energy disruption in Bangladesh and Pakistan
The Gulf crisis underscores South Asia's energy vulnerability, potentially escalating global oil prices and straining regional economies.
Coverage Details
Total News Sources8
Leaning Left0Leaning Right3Center3Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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