Bangladesh to Import Four Additional LNG Cargoes to Stabilize Domestic Supply
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The Bangladeshi government is set to import four additional liquefied natural gas (LNG) cargoes this month to bolster national energy supplies, bringing the total volume for June to approximately 12.8 million MMBtu.
According to A.K.M. Mizanur Rahman, a director at state-owned Petrobangla, the move is part of a broader strategy to maintain stability in the nation’s gas distribution network. Authorities have planned for a total of nine LNG cargoes throughout June, with five shipments already delivered to the country as of June 15. These initial five cargoes, which contained a total of 16 million MMBtu of gas, were procured through both the spot market and short-term supply agreements.
বিজ্ঞাপন
The upcoming four shipments will be sourced exclusively from the spot market. Each LNG cargo typically carries approximately 3.2 million MMBtu of gas, providing a consistent flow to meet rising domestic industrial and residential energy demands.
This procurement follows a high-volume intake in May, during which Bangladesh imported 11 cargoes totaling 35.2 million MMBtu through a combination of long-term contracts, short-term agreements, and spot market purchases.
বিজ্ঞাপন
Petrobangla maintains a diversified supply strategy to satisfy the country’s growing fuel requirements. Under established long-term agreements, Qatar Energy and Oman’s OQ Trading serve as primary suppliers, while UAE-based OQ Trading continues to provide gas under short-term arrangements. Any additional purchases from the spot market are subject to periodic approval by the Cabinet Committee on Government Purchase to ensure pricing and supply efficiency.
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