No LNG Shortage in October-November; 19 Cargoes on the Way: Petrobangla
The Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) has confirmed that there will be no shortage in Liquefied Natural Gas (LNG) imports during October and November. A total of 19 LNG cargoes have been fully finalized and scheduled to meet the national demand over the next two months. Specifically, 10 cargoes are slated to arrive in October, while the remaining 9 cargoes will reach the country’s LNG terminals in November. Consequently, energy authorities expect smooth and uninterrupted gas supply across the national grid.
Petrobangla Chairman Md. Abdul Mannan reassured the nation that all necessary arrangements have been completed according to demand. ‘We are consistently working to secure the required LNG supply three months in advance on a rolling monthly basis,’ he stated. ‘This leaves no risk of any deficit in gas supply derived from LNG.’ Petrobangla oversees the entire import process with approval from the Energy Division, while its subsidiary, Rupantarita Prakritik Gas Company Limited (RPGCL), directly manages scheduling, procurement contracts, and terminal regasification operations.
To fulfill the October demand, Petrobangla has arranged 10 cargoes comprising 3 from the spot market, 2 under long-term contracts, and 5 under short-term contracts. For November, the 9 confirmed cargoes consist of 6 under long-term agreements and 3 under short-term contracts. The energy supplies have been sourced from multiple international suppliers located in the United States, Nigeria, Angola, and Australia. Under long-term arrangements, Bangladesh primarily receives LNG shipments from Qatar-based QatarEnergy and Oman’s state-owned commodities trading entity, OQ Trading.
Petrobangla Director (Finance) Mijanur Rahman reiterated that the procurement strategy effectively minimizes supply risks over the coming months. He highlighted that combining long-term and short-term contracts with spot market purchases ensures both price flexibility and volume reliability. According to official RPGCL data, each imported cargo contains approximately 3.2 million British Thermal Units (MMBtu) of LNG. Across all 19 scheduled cargoes, Bangladesh has secured a cumulative total of nearly 60.8 million MMBtu of LNG for the two months.
Upon arrival by sea, the supercooled fuel undergoes regasification at offshore floating storage and regasification units before being injected directly into the national gas transmission grid. Officials emphasized that the incoming gas will be distributed across key sectors, including power generation, industrial manufacturing, and fertilizer production. With proactive planning, advanced contract signing, and diverse international sourcing, Petrobangla maintains that gas supply derived from imported LNG will remain stable, dependable, and fully aligned with national grid requirements through the end of November.
