Written by The Banking Post
The government plans to purchase three more liquefied natural gas (LNG) cargoes from the international spot market by late December to ease the country’s mounting gas shortages.
State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has floated tenders for LNG deliveries on November 22–23, November 25–26, and December 26–27, a senior official told The Banking Post on Sunday. Each cargo will carry about 3.36 million British thermal units (MMBtu).
The shipments are scheduled for Moheshkhali Island, with flexibility to discharge at either of the two floating storage regasification units (FSRUs) stationed there.
Bangladesh has already secured one spot cargo for November from TotalEnergies Gas & Power Ltd for November 11–12 delivery, priced at US$11.549 per MMBtu. If the latest tenders succeed, spot imports for November will rise to three cargoes.
RPGCL, a Petrobangla subsidiary responsible for LNG trading, may seek further purchases for late December delivery windows, the official added.
The country has stepped up spot LNG imports in recent months to supply industries facing acute shortages. Currently, Bangladesh sources LNG through both spot market purchases and long-term contracts with QatarEnergy LNG and OQ Trading International. A new agreement with OQ Trading will see an additional 17 cargoes supplied between August 2025 and December 2026.
Despite these efforts, Bangladesh continues to ration gas to industries, power plants, and other consumers. As of September 6, the country’s total gas supply — domestic production and imported LNG combined — stood at 2,753 million cubic feet per day (mmcfd), far short of the 4,000 mmcfd demand. This included 1,008 mmcfd of regasified LNG.
