Bangladesh Aims for 1600mmcfd LNG Capacity Boost by 2030

The government of Bangladesh plans to increase its LNG capacity by 1,600 million cubic feet per day (mmcfd) by 2030 to meet rising gas demand. State Minister for Power, Energy and Mineral Resources Anindya Islam Amit said that a 600 mmcfd floating LNG terminal will be established in Maheshkhali by 2028, while a 1,000 mmcfd land-based terminal will be commissioned in Matarbari by 2030.

Amit emphasized the importance of ensuring energy security, not just fuel availability, but also reliability, diversification of supply sources, affordable prices, and adaptability to market changes. Bangladesh currently receives around 1,100 mmcfd of gas through two floating storage and regasification units (FSRUs), with annual LNG demand standing at around 7 million tonnes per annum (MTPA).

The government also has longer-term expansion plans, aiming to add an additional 3-4 MTPA of LNG capacity during 2026-30, potentially increasing total capacity to 17-18 MTPA by 2031-40.