Bangladesh Gas Supply Crisis to Resolve in 2 Weeks Amid LNG Shortage
Gas supply in Bangladesh is expected to return to normal within the next 10-15 days, according to Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood Tuku. The crisis has intensified due to a fire at a floating storage and regasification unit (FSRU), which disrupted the unloading of liquefied natural gas (LNG). As a result, two LNG cargoes cannot be unloaded, leading to a drop in gas pressure in household kitchens across the country and affecting power generation.
The minister spoke on July 27, 2026, at a roundtable titled 'Navigating Global Shifts: Fostering Energy Security and Resilience in Bangladesh' in Dhaka. He noted that Bangladesh relies heavily on imports of LNG, LPG, and other fossil fuels due to declining domestic gas production. The prices of imported fuels have risen abnormally, with the country having had to import nearly $3.65 billion worth of fuel over the past six months.
The government has increased its focus on renewable energy, announcing a policy to generate 10,000 megawatts of electricity over the next five years. Negotiations and land allocation processes are expected to be completed by August, allowing for the implementation of the programme.