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Bangladesh plans to expand its LNG infrastructure to strengthen energy security amid global market volatility and supply disruptions, with a new floating terminal in Maheshkhali by 2028 and a land-based terminal in Matarbari by 2030.
State Minister for Power, Energy and Mineral Resources Anindya Islam Amit announced the plans at the 15th LNG Producer-Consumer Conference 2026 in Tokyo on Friday.
He said the planned floating storage and regasification unit (FSRU) in Maheshkhali would have a capacity of 600 million cubic feet per day (MMCFD), while the Matarbari land-based terminal would have a capacity of 1,000 MMCFD.
Speaking at the conference, themed “Advancing LNG for the Future: Resilience and Reliability”, the state minister said energy security could no longer be limited to ensuring access to fuel amid geopolitical changes, supply disruptions and market volatility.
He stressed the need to ensure reliability, diversify supply sources, keep prices affordable and maintain flexibility in the energy system.
Amit said energy consumption in Bangladesh was rising rapidly due to population growth, industrialisation, urbanisation and increasing electricity demand. Although natural gas remains vital for power generation, fertiliser production, industries and commercial activities, domestic production is unable to meet the growing demand.
Imported LNG has therefore become an increasingly important part of the country’s gas supply system, he said.
Bangladesh currently has two FSRUs with a combined capacity to supply 1,100 MMCFD of gas. Annual LNG demand in the country is around seven million tonnes.
The government plans to add another three to four million tonnes of LNG supply capacity between 2026 and 2030. The capacity could rise further to 17-18 million tonnes between 2031 and 2040, according to the state minister.
He also highlighted plans to diversify LNG procurement sources and methods. Bangladesh is currently importing LNG through government-to-government arrangements, international tenders and direct purchases from various sources.
Amit said the government had adopted investment-friendly policies to attract international investment. He also highlighted the recently announced Bangladesh Offshore Bidding Round 2026, which will remain open until November 30.
The bidding round offers facilities including government support for profit repatriation and tax payments, as well as long-term revenue stability, he said.
Bangladesh is keen to work with international partners to build a secure, reliable and affordable energy system amid changing conditions in global energy markets, the state minister said.
