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Slump in Industrial production in Bangladesh amid growing gas crisis
As more gas is being diverted to generate power during summer, gas pressure has plunged in Bangladesh's industrial zones—at times to zero—crippling production. Despite two steep price hikes in the last two years, factory owners say availability has only worsened, with no signs of improvement. A few hundred textile factories reliant on gas are now operating at a fraction of their capacity.
As more gas is being diverted to generate power during summer, gas pressure has plunged in Bangladesh's industrial zones—at times to zero—crippling production.
Despite two steep price hikes in the last two years, factory owners say availability has only worsened, with no signs of improvement.
A few hundred textile factories reliant on gas are now operating at a fraction of their capacity.
