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
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
