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Excelerate LNG Terminal Shuts Down as Gas Deficit Worsens 2 Excelerate LNG Terminal Shuts Down as Gas Deficit Worsens

Excelerate LNG Terminal Shuts Down as Gas Deficit Worsens

A tentative recovery in Bangladesh’s national gas supply collapsed on Wednesday afternoon as operations at Excelerate Energy’s Floating Storage and Regasification Unit (FSRU) came to a complete halt due to depleted reserves. The national grid had briefly stabilized over the weekend when Summit Group’s terminal resumed full output and Excelerate restored partial operations following a […]
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Excelerate LNG Terminal Depleted, Gas Deficit Hits Bangladesh Grid (2)

Excelerate LNG Terminal Depleted, Gas Deficit Hits Bangladesh Grid

Bangladesh’s national energy grid has suffered a significant setback as operations at Excelerate Energy’s Floating Storage and Regasification Unit (FSRU) came to an abrupt halt on Wednesday afternoon following the complete depletion of its Liquefied Natural Gas (LNG) reserves. The unexpected shutdown has severely worsened an ongoing gas supply deficit, forcing state authorities to rely […]
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Paused Dhaka Metro Projects Face Massive £7.3 Billion Cost Surge

Paused Dhaka Metro Projects Face Massive £7.3 Billion Cost Surge

Two cornerstone infrastructure projects designed to reshape Dhaka’s future transit system—MRT Line-1 and MRT Line-5 North—are confronting a staggering financial inflation. Authorities have submitted proposals to increase the combined budget of the two projects, originally sanctioned under the Awami League administration, by 121,424 crore taka (approximately £7.3 billion). The steep budget escalation follows a critical […]
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