Compared to the same period last year, Padma Oil's total diesel sales increased by nearly 29 per cent and furnace oil sales by 174 per cent in the first 15 days of this current August. Meghna Petroleum's diesel sales increased by nearly 21 per cent and furnace oil by 152 per centproductio. Jamuna Oil's diesel sales to industrial institutions increased by 33 per cent and furnace oil sales to industrial and power plants increased by 224 per cent.
Md. Mofizur Rahman, Managing Director of Padma Oil, told Prothom Alo that the demand for fuel oil from industrial factories has increased due to the gas crisis. The pressure is relatively higher in industrial belts around Dhaka, especially in Narayanganj and Gazipur. However, he said the situation is being managed.
The country’s industries had already been facing gas shortages but the crisis intensified after a fire accident at Excelerate Energy's floating liquefied natural gas (LNG) terminal in Maheshkhali on 21 July. Under normal conditions, about 1 billion to 1.10 billion cubic feet of gas is added daily to the national grid from the two terminals in Maheshkhali. Following the accident, there was a major shortage in supply for about 25 days. The situation improved somewhat when Summit's terminal became fully operational and Excelerate's terminal became partially operational on 15 August.