Technical Issue at Bangladesh LNG Terminal Triggers Gas Supply Warning

Deep News07-29

A technical fault at a liquefied natural gas (LNG) import terminal has prompted an official warning from Bangladesh's state-owned gas company, which announced on Wednesday that customers connected to the Titas Gas transmission and distribution network will experience reduced gas pressure.

The malfunction has resulted in a daily shortfall of approximately 450 million cubic feet of natural gas supply. Titas Gas has not provided a timeline for when the supply is expected to return to normal.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment