Industrial users are counting 30 to 50 percent production losses for the last couple of months thanks to a gas shortage.
The government must take timely steps to keep the power plants running and the power supply uninterrupted.
Faced with a chronic gas crisis and volatile exchange rates, a number of ailing textile millers are putting their factories up for sale as they are no longer able to contend with losses stemming from dwindling production.
The persistent gas crisis in Bangladesh has been severely hindering the nation’s ceramics industry over the past three to four months, leading to a roughly 20 percent drop in overall production quality in the sector.
Primary textile millers want adequate gas supply in their factories as nearly 40 percent of their production capacity is currently unutilised due to low pressure of gas, the price of which increased by nearly 100 percent in February this year.
Investment has dried up in Bangladesh’s dyeing sector, a vital cog in the textile and apparel supply chain, owing to the dragging gas shortage despite higher demand for fabrics from local garment exporters, industry people say.
What have the authorities done in all these years to increase Bapex’s capacity?
Says Petrobangla chairman
Gas supply will remain suspended for eight hours, from 10:00am to 6:00pm, for all kinds of consumers in different areas of Dhaka due to maintenance work
Industrial users are counting 30 to 50 percent production losses for the last couple of months thanks to a gas shortage.
The government must take timely steps to keep the power plants running and the power supply uninterrupted.
Faced with a chronic gas crisis and volatile exchange rates, a number of ailing textile millers are putting their factories up for sale as they are no longer able to contend with losses stemming from dwindling production.
The persistent gas crisis in Bangladesh has been severely hindering the nation’s ceramics industry over the past three to four months, leading to a roughly 20 percent drop in overall production quality in the sector.
Primary textile millers want adequate gas supply in their factories as nearly 40 percent of their production capacity is currently unutilised due to low pressure of gas, the price of which increased by nearly 100 percent in February this year.
Investment has dried up in Bangladesh’s dyeing sector, a vital cog in the textile and apparel supply chain, owing to the dragging gas shortage despite higher demand for fabrics from local garment exporters, industry people say.
What have the authorities done in all these years to increase Bapex’s capacity?
Says Petrobangla chairman
Gas supply will remain suspended for eight hours, from 10:00am to 6:00pm, for all kinds of consumers in different areas of Dhaka due to maintenance work
Titas Gas Distribution Company Ltd has started disconnecting gas supply to households and industries in the capital due to unpaid bills of around Tk 1,500 crore.
