The government has decided to build a new floating liquefied natural gas (LNG) terminal to increase gas supply and address the country’s persistent energy shortages.
The proposed terminal is expected to enhance Bangladesh’s LNG import and regasification capacity, helping meet growing demand from industries, power plants and household consumers.
Bangladesh currently operates two floating storage and regasification units (FSRUs) at Maheshkhali in Cox’s Bazar.
The new facility is expected to supplement the existing infrastructure and strengthen the country’s gas supply network.
The move comes amid ongoing gas shortages that have disrupted industrial operations and affected power generation.