Bangladesh Touts Plans for Future LNG Demand Amid Energy Security Concerns
Bangladesh's state minister for Power, Energy and Mineral Resources, Aninda Islam Amit, recently attended an international LNG conference in Tokyo. The conference was held under the theme 'Advancing LNG for the Future: Resilience and Reliability'.
Amit highlighted Bangladesh's current energy situation, key challenges, and future plans during his presentation at the 15th LNG Producer-Consumer Conference 2026.
He emphasized that energy security can no longer be viewed simply in terms of availability due to geopolitical changes, supply disruptions, and instability in global fuel markets. Amit noted that Bangladesh's fuel consumption is rising rapidly due to population growth, industrialization, urbanization, and increasing electricity demand.
Natural gas remains a key fuel for power generation, fertiliser production, industries, and commercial activities, but domestic production is insufficient to meet the growing demand. As a result, imported liquefied natural gas (LNG) has become an increasingly important part of Bangladesh's gas supply system.
The state minister said that Bangladesh currently receives around 1,100 million cubic feet of LNG per day through two floating storage and regasification units (FSRUs), while the country's annual LNG demand stands at nearly 7 million tonnes. To meet the growing demand, necessary infrastructure expansion work is progressing rapidly.
Amit announced that an additional FSRU with a capacity of 600 million cubic feet per day will be launched in Maheshkhali by 2028, while a land-based LNG terminal with a capacity of 1,000 million cubic feet per day will be planned for Matarbari by 2030. Bangladesh also plans to increase its LNG supply by an additional 3 to 4 million tonnes per annum between 2026 and 2030.
Bangladesh aims to reach a volume of 17 to 18 million tonnes per annum during 2031-2040. On supply diversification and international investment, Amit said that Bangladesh is procuring LNG from multiple sources through government-to-government agreements, requests for quotation, and direct procurement.