Volatile energy could become the norm for Bangladesh’s garment makers
Lack of adequate gas pressure combined with soaring fuel costs means many factories are running at low capacity.
Lack of adequate gas pressure combined with soaring fuel costs means many factories are running at low capacity.
Seven people have already left the job for not getting salary in time, with only 18 staffers remaining at their positions.
The government previously considered providing free electric stoves for millions to reduce Indonesia’s dependence on imported liquefied petroleum gas.
Experts also said that important lessons from the current energy crisis show the need to diversify energy supply, type, and partners.
The country aims to boost its oil and gas production to 1 million barrels of oil per day and 12 billion standard cubic feet per day of gas in an effort to reduce imports.
The potential is there in India’s low-cost manufacturing base, scale, rare earths, investor interest and ambition.
Russian state-owned oil supplier Zarubezhneft JSC had previously sent crude oil samples for testing.
The portion of electricity generated by renewables first outpaced nuclear power generation in Sept last year and has been growing since.
Rising earnings from the export of electricity have helped the country maintain foreign exchange reserves at adequate levels and reduce trade deficit with India.
Finance-analysts believe it will become increasingly difficult for coal power and mining firms to raise finance for the industry due to growing pressure to transition to renewable…