Dhaka, March 27 -- Bangladesh's energy sector is facing mounting pressure after an Iranian missile strike damaged liquefied natural gas (LNG) infrastructure in Qatar's Ras Laffan Industrial City, disrupting supplies to the country, media reports said on Friday.
Officials at Petrobangla said at least seven LNG cargoes scheduled for Bangladesh have already been cancelled, forcing the country to turn to higher-priced alternatives in the spot market.
Analysts warn that the shift could significantly increase subsidy burdens and strain electricity generation during peak summer demand, the Dhaka Tribune reported.
According to reports, Bangladesh depends heavily on Qatar for LNG, with 50% to 75% of its imports sourced from the Gulf nation in dif...