Bangladesh in a bind over LNG imports
More gas is needed to address an energy crisis in Bangladesh, but developing an over-reliance on imported fuel may leave the economy exposed
The arrival of Bangladesh's first imported liquefied natural gas shipment at the floating Moheshkhali terminal in the Bay of Bengal last week is expected to ease an acute gas shortage that is worsening as domestic reserves are depleted. However, concerns remain over the long-term viability of imported gas as a significant part of the country's energy mix. Bucking global carbon emissions trends, Bangladesh plans to transition towards a coal-dominated power sector by 2030, but imported LNG is seen as an essential stopgap while plants are constructed. The power ministry expects electricity demand to spike to 34,000 megawatts in 2030, up from 10,000 MW in 2017. Domestic gas production was just 2
Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
