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Bangladesh has reached a defining moment in its energy journey. What was once viewed as a temporary gas shortage has evolved into a structural crisis that threatens industrial growth, export competitiveness, and long-term economic stability. The country's increasing dependence on imported energy, combined with declining domestic gas production and an uncertain geopolitical environment, has left little room for complacency. The warning signs are unmistakable. Domestic gas output continues to fall while demand keeps rising. Existing LNG infrastructure is operating near its limits, yet new import facilities remain years away. At the same time, industries are paying higher energy prices without receiving reliable gas or electricity, eroding productivity and discouraging investment. Bangladesh cannot afford a fragmented approach to energy policy. Expanding LNG imports is necessary, but it cannot become the only strategy. Accelerating onshore exploration, encouraging offshore investment, developing stranded gas discoveries such as Bhola, and strengthening the institutions responsible for energy planning must become national priorities. Delays in infrastructure development only increase future costs and deepen supply risks. Investors need policy certainty, while energy institutions require greater technical capacity and operational autonomy to execute complex projects efficiently.

The country's economic ambitions depend on secure, affordable, and reliable energy. Without it, Bangladesh risks losing competitiveness at a time when regional rivals are investing aggressively in energy infrastructure. The energy challenge is no longer simply about producing more gas or importing more LNG. It is about building a resilient energy system capable of supporting development for decades to come.

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