Power shortages

Acute load-shedding since late May due to a shortage of primary fuels to run power plants has led to the Bangladesh electricity crisis.

Emerging nations like Pakistan started importing LNG on the assumption that the fuel will be abundant and cheap, a premise that has been tested by the Ukraine war.

Russia’s invasion of Ukraine has led to a sharp escalation in fuel prices, making it difficult for the import-dependent nation to keep the lights on.