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The Financial Express

LNG re-gasification drops to half due to bad weather

| Updated: June 17, 2021 10:19:51


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LNG re-gasification dropped to almost half on Sunday to around 400 million cubic feet per day (mmcfd) as the cargo remains stranded in the Bay over the past several days due to bad weather.

The LNG (liquefied natural gas) cargo from Qatargas carrying around 138,000 cubic metres of LNG could not get connected to LNG terminal despite several attempts since June 9, a senior Petrobangla official told the FE on Sunday.

If the bad weather continues for three more days, LNG re-gasification might drop to almost zero resulting in an acute gas crisis across the country.

The country was re-gasifying around 800 mmcfd of LNG consistently over the past several months to meet the rising local demand.

Due to lower than expected LNG re-gasification, the country’s overall natural gas output dropped to around 3,000 mmcfd on Sunday.

Sources said the meteorological department hoisted signal no 3 for around seashore areas due to bad weather.

 

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