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
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
