Bangladesh’s reliance on Qatari liquefied natural gas has created serious difficulties for the country’s textile manufacturers, according to the information available.
The pressure on LNG buyers with limited financial resources is affecting the competitiveness of Bangladesh’s textile industry. Manufacturers risk losing international orders as higher energy-related strain makes it harder to compete with producers in other countries.
The situation highlights the vulnerability of industries that depend heavily on imported energy while facing tight financial conditions.
Sources: Bloomberg Markets.