Energy disruption hits Pakistan and Bangladesh as Gulf crisis worsens
In Dhaka, the capital of Bangladesh, Parvin Akter times her cooking to the neighbourhood’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. Even switching to an induction cooker has not helped, as power outages often leave food half-cooked. More than 2,000 kilometres away on the…
The ongoing energy crisis in Pakistan and Bangladesh has been exacerbated by a global energy crunch. In Dhaka, the capital of Bangladesh, residents like Parvin Akter have to ration their cooking due to intermittent gas supply. Even switching to an induction cooker has not been a solution, as power outages often leave food half-cooked.
The crisis has also impacted Pakistan, where the government has introduced a fuel subsidy to ease the sharp rise in fuel prices. However, the program has been met with complaints of inefficiency. Mohammad Musharraf, a resident of Karachi, has struggled to register for the subsidy, citing a complicated process. The disruption in oil and gas exports through the Strait of Hormuz and the Red Sea has driven Asian spot liquefied natural gas (LNG) prices back toward $30 per million British thermal units, causing blackouts and factory shutdowns in Bangladesh.
The shortage has also hit Pakistan, where the power sector will need up to 400 million cubic feet of gas a day through winter, with only two LNG cargoes confirmed so far for September.
Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.