প্রকাশ: 06/07/2022
The ongoing load
shedding caused by the gas and fuel crisis will not last long, said State
Minister for Power, Energy and Mineral Resources Nasrul Hamid.
In a written statement issued Tuesday (5 July) the minister
said, "Within this year, the second unit of Payra Thermal Power Station
and Rampal Power Plant will start operation and 1600 MW of electricity imported
from India will be connected to the national grid."
He also advised everyone to be economical in using gas and
electricity.
"The Russia-Ukraine war has plunged the world into a
deep crisis just as everyone was recovering from the pandemic. This crisis has
affected not only developing countries but also many developed countries as
well. The effects of the war have made the fuel market extremely
unstable," he said in his statement.
The state minister noted that while Bangladesh needs
1600-1700 million cubic feet of gas to generate enough electricity, the supply
is only about 900 million.
"We cannot supply more gas as we have to prioritise
agriculture and industrial sectors. Fertilisers are indispensable for
agriculture. We need to supply a huge amount of gases to produce that
too," he said.
Nasrul Hamid said the current gas production in Bangladesh
is 2300 million cubic feet. The rest of the demand is being supplied to the
national grid by importing LNG.
"It is sad but true that our own gas production rate
has started to drop due to declining reserves in our mines," added the
state minister.
The Bangladesh Power Development Board (BPDB) said there was
a maximum of 1,400MW load shedding at 9pm on Monday in different parts of the
country.
Gas-based power plants need around 1,400mmcf of gas whereas the
supply was only 882.52mmcf on that day.
Gas prices in Europe and Asia surged more than 60% in the
weeks since an important liquified natural gas facility in Texas temporarily
shut down.
Gas prices have soared since the start of last year, jumping
as high as 700% in Europe.
Germany said the gas shortfalls could trigger a Lehman
Brothers-like collapse, as Europe's economic powerhouse faces the unprecedented
prospect of businesses and consumers running out of power, Bloomberg reported.
The main Nord Stream pipeline that carries Russian gas to
Germany is due to shut down on July 11 for ten days of maintenance, and there's
growing fear that Moscow may not reopen it.
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