An outage at Excelerate Energy's Moheshkhali Floating LNG terminal has removed approximately 17 million cubic meters of gas per day from Bangladesh's national grid, according to Petrobangla. The outage was triggered by a spark in a control panel at the terminal [1]. As a result, one of Bangladesh's two floating liquefied natural gas import terminals has been shut down, causing widespread disruption to factory operations across the country [1].
The textile sector, a key pillar of Bangladesh's economy, has been particularly impacted by the gas supply shortage. Some manufacturers have reported production cuts of up to 40% due to the reduced gas supply [1]. Industry sources highlight that this incident has exposed the limited resilience of Bangladesh's textile sector to energy supply shocks [1].
Factory managers are warning that if the gas shortage continues, it could result in missed export deadlines and financial losses for both manufacturers and the broader economy [1]. The outage has intensified concerns about Bangladesh's ongoing struggles with chronic energy supply issues and has raised questions about the long-term sustainability of the country's industrial growth and export competitiveness [1].
CONCLUSION
The gas outage at the Moheshkhali LNG terminal has significantly disrupted Bangladesh's textile sector, with production cuts and potential export delays. The incident underscores the sector's vulnerability to energy supply shocks and raises broader concerns about the country's industrial resilience and economic outlook.