Prime Minister Tarique Rahman has directed the power and energy authorities to increase coal-fired power generation to free up more gas for industries and strengthen energy security.
The government also plans to ensure timely LNG imports through Bangladesh’s existing two floating terminals while avoiding direct procurement, following recent disruptions in LNG deliveries.
Prime Minister’s Economic Affairs Adviser Dr Rashed Al Mahmud Titumir said the industrial gas situation is expected to improve by winter, with significant progress in gas and electricity supplies expected by next summer.
The government aims to turn Bangladesh into a major manufacturing hub by 2029. It plans to increase domestic gas supply by 1,750 MMCFD through drilling and re-drilling around 150 wells and connect newly discovered Bhola gas reserves to the national grid through a pipeline costing about Tk500 crore.
The government is also negotiating long-term LNG supply deals with countries outside the Middle East and plans to install three additional FSRUs by 2029.
