Story perspectives

Bangladesh Grapples with Gas Crisis Amid LNG Reliance

3/26/2026

Summary

Story summary

Bangladesh faces a severe gas crisis as domestic production declines, increasing reliance on costly LNG imports, with spending over 407 billion taka in FY2024-25.
Despite favorable maritime rulings granting offshore rights, exploration is delayed as the government prioritizes LNG development, and a March 2024 offshore bidding round attracted interest from major oil companies.
The BNP government must attract Western investment and reduce Chinese dependency to preserve Bay of Bengal options.

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Story summary

Bangladesh faces a severe gas crisis as domestic production declines, increasing reliance on costly LNG imports, with spending over 407 billion taka in FY2024-25.
Despite favorable maritime rulings granting offshore rights, exploration is delayed as the government prioritizes LNG development, and a March 2024 offshore bidding round attracted interest from major oil companies.
The BNP government must attract Western investment and reduce Chinese dependency to preserve Bay of Bengal options.