Written by The Banking Post
Dhaka, July 25: Bangladesh is set to import three additional spot cargoes of liquefied natural gas (LNG) in late August and September, as part of its efforts to meet growing domestic gas demand.
According to a senior official of Rupantarita Prakritik Gas Company Ltd (RPGCL), tenders have been floated for cargoes to be delivered during the following windows:
- August 30–31
- September 10–11
- September 21–22
The deadline for bid submissions is July 27. Each cargo will carry approximately 3.36 million MMBtu, to be delivered at Moheshkhali Island, with discharge options at either of the country’s two Floating Storage Regasification Units (FSRUs).
With this tender, Bangladesh’s spot LNG purchases for August alone could rise to five cargoes, as four have already been secured. The country also procured five spot cargoes for July.
The official noted that the government expects competitive pricing, following a recent deal with Vitol Asia Pte Ltd for an August 28–29 delivery at $12.43 per MMBtu.
Bangladesh has stepped up LNG purchases from the spot market in recent months to ease gas shortages across industries, power plants, and other large consumers.
In addition to spot imports, LNG is being sourced from two long-term suppliers:
- QatarEnergy LNG (formerly Qatargas)
- OQ Trading International
Currently, the country’s total natural gas supply — from both domestic sources and imported LNG — stands at around 2,832 mmcfd, including 1,022 mmcfd of regasified LNG. This remains well below the daily demand of over 4,000 mmcfd, according to official data as of July 23, 2025.
RPGCL, a Petrobangla subsidiary, oversees all LNG trading for Bangladesh.
