Bangladesh faces surplus LNG regasification capacity by 2030, leading to significant idle infrastructure costs akin to power plant capacity charges. With existing annual regasification capacity at 7.6 mtpa from two FSRUs, the government plans four more projects, adding 21 mtpa by the decade’s end. Petrobangla secured long-term LNG contracts, yet challenges like infrastructure limitations and underutilization persist. Bangladesh’s natural gas production decline exacerbates dependency on LNG imports, with minimal upstream exploration efforts. Despite recent drilling plans, experts anticipate prolonged gas shortages, impacting consumers and the economy. Hindered by delayed initiatives, the nation faces a protracted struggle to address its energy deficit.
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