11-cargo LNG received in Aug to meet growing demand

BSS
Published On: 02 Sep 2025, 18:01

DHAKA, Sept 02, 2025 (BSS) - The government has received 11 cargos of Liquefied Natural Gas (LNG) in August having around 3.65 crore MMBTu to meet the growing energy demand in the country.

“We are importing LNG regularly under long term and short term agreements as well as also spot markets to meet growing energy demand in the country,” Director of Petrobangla AKM Mizanur Rahman told BSS here today.

Besides, he said in September Bangladesh will get more 10 cargos of LNG having around 3.32 crore MMBTu under the long term and short term agreements along with spot markets. 

According to long term agreement, QatarEnergy provided three cargos of LNG having around 32 lakh MMBTu in each cargo, while Oman's OQ Trading (OQT) supplied two cargos of LNG along with another cargo of LNG under short term deal.

Besides, the government procured five cargos of LNG from spot market to ensure energy supply in the country.

Apart from this, the government will bring 10 cargos of LNG having around 32 lakh MMBTu each cargo in September. 

Under the long term contract, QatarEnergy will supply four cargos of LNG, while OQT will delivery one cargo of LNG in September also. 

Besides, OQT will also provide two cargos of LNG under short term agreement and three cargos of LNG will come from spot markets in September, 2025.

According to purchase committee, the advisers’ council committee on government purchase approved of those separate proposals for importing LNG to meet gas demand in the country earlier.

On August 19, 2025, the government approved separate proposals for procuring one cargo of LNG from M/S Total Energies Gas and Power Limited, United Kingdom with around Tk. 480.68 crore (per MMBtu LNG costing $11.44); one from M/S Total Energies Gas and Power Limited, United Kingdom with around Tk. 476.47 crore (per MMBtu LNG costing $11.34) and another cargo LNG from M/S Total Energies Gas and Power Limited, United Kingdom with around Tk. 484.88 crore (per MMBtu LNG costing $11.54) following international quotation method.

After the purchasing committee meeting, the Finance Adviser said that there was a pressure on the government to raise the price of energy like gas in every month or two, but the interim government did not hike the price following various calculations by the Energy and Mineral Resources Division. “It’s a good thing,”

“Our aim is to ensure necessary supply of LNG so that no such pressure is created on us to raise the energy price as such rise can impact the consumers as well as the industries,” he added.

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