Declining domestic production has caused power outages
Bangladesh to deepen LNG reliance
The Asian country is looking for foreign investors to build a second regasification terminal
Bangladesh paid record prices for LNG cargoes last month, soon after making a renewed commitment to gas imports. The South Asian country is far from alone. Asian spot LNG prices spiked to more than $56/mn Btu in early October, pressuring importers across the region. But the price shock was felt particularly keenly in Dhaka, where proponents of LNG felt they had only just clinched the argument. The government spent the summer courting foreign investors it hopes will build its first permanent LNG terminal, shortlisting eight groups in September. Japan’s Tokyo Gas carried out the feasibility study for the 7.5mn t/yr onshore facility—which will double Bangladesh’s import capacity—and is advising
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
