Dhaka: The government has successfully acquired 11 cargos of Liquefied Natural Gas (LNG) in August, equating to approximately 3.65 crore MMBTu, to cater to the escalating energy requirements in the country. "We are importing LNG regularly under long-term and short-term agreements as well as from spot markets to meet the growing energy demand in the country," stated AKM Mizanur Rahman, Director of Petrobangla, to BSS.
According to Bangladesh Sangbad Sangstha, the nation is poised to receive an additional 10 cargos of LNG in September, amounting to around 3.32 crore MMBTu. This procurement will follow both long-term and short-term agreements, as well as spot market purchases. Under a long-term agreement, QatarEnergy provided three cargos of LNG, each carrying approximately 32 lakh MMBTu. Meanwhile, Oman's OQ Trading (OQT) supplied two cargos, alongside another cargo under a short-term deal. Additionally, the government procured five cargos from the spot market to ensure a stable energy supply.
In September, Bangladesh plans to import another 10 cargos of LNG, each holding about 32 lakh MMBTu. QatarEnergy is set to deliver four cargos under a long-term contract, while OQT will supply one cargo. OQT will also provide two additional cargos under a short-term agreement, with three more cargos expected from spot markets in September 2025.
The purchase committee, in conjunction with the advisers' council committee on government procurement, has approved these separate proposals to import LNG to meet the country's gas demands. On August 19, 2025, the government sanctioned proposals to procure LNG cargos from M/S Total Energies Gas and Power Limited, United Kingdom, with costs ranging from Tk. 476.47 crore to Tk. 484.88 crore per cargo, as per international quotation methods.
Following a meeting of the purchasing committee, the Finance Adviser noted the pressure on the government to increase energy prices, such as gas, periodically. However, the interim government chose not to raise prices, thanks to calculations by the Energy and Mineral Resources Division. "It's a good thing," he remarked, emphasizing the importance of securing necessary LNG supplies to avoid exerting financial pressure on consumers and industries.