Huge dues in power-energy sector due to dollar, taka crisis

The power and energy sector has been struggling with a huge debt load. It is failing to settle the electricity bills with the private power plants on one hand while it is being compelled to keep up with the dues of foreign companies due to the ongoing dollar crisis on the other hand. According to the concerned organisations, the Power Development Board (PDB) owes Tk 250 billion to the private power plants which are in production.

Concerns about the U.S. LNG pause in Asia are overblown

The United States (U.S.) decision to pause permits for new liquefied natural gas (LNG) export facilities does not threaten Asia’s energy security or decarbonization goals. The permitting pause does not affect U.S. projects already under construction, which will nearly double U.S. LNG export capacity. The world is on pace for record increases in global LNG supply this decade, indicating there will be plenty of LNG to go around.