Bangladesh’s power generation costs have risen sharply as the outage of an LNG terminal in Cox’s Bazar has reduced gas supplies and forced greater reliance on expensive furnace oil.
According to Power Grid Bangladesh data, furnace oil accounted for 15.87% of the power mix, up from just 5.95% on July 18—an increase of about 167%. Gas generation fell to 27.22% from 38.27% over the same period.
Gas-fired power costs about Tk7.10 per unit, compared with Tk13.81 for coal and Tk27.36 for furnace oil, according to a Power Division estimate.
As a result, the estimated daily generation cost rose to Tk270 crore on Sunday from Tk211 crore on July 18, despite only a modest increase in electricity output.
The gas shortage began after an FSRU at the Moheshkhali LNG terminal went out of service, cutting around 450 million cubic feet per day of regasified LNG supply.
