Bangladesh plans to add another 1,600 million cubic feet per day (mmcfd) of LNG regasification capacity by 2030 as the country expects its dependence on imported gas to grow further, State Minister for Power, Energy and Mineral Resources Aninda Islam Amit said on Friday.
The additional capacity will come from a 600mmcfd floating LNG terminal at Moheshkhali, planned for operation by 2028, and a 1,000mmcfd land-based terminal at Matarbari, targeted for 2030, he said.
The state minister made the remarks while speaking at the 15th LNG Producer-Consumer Conference 2026 in Tokyo, according to a press release issued by the Bangladesh Embassy in Japan.
Bangladesh currently has two floating storage and regasification units (FSRUs), with the government saying they are supplying about 1,100mmcfd of gas. The country's annual LNG requirement is now around 7 million tonnes, Amit said.
The planned expansion comes as domestic gas production continues to fall short of demand, making LNG an increasingly important component of the country's gas supply.
Amit said LNG procurement would continue through government-to-government deals, international requests for quotations and direct procurement, while the government was also seeking international investment in the energy sector.
He said Bangladesh's LNG requirement could increase by another 3-4 million tonnes per annum during 2026-30 and potentially reach 17-18 million tonnes per annum during 2031-40.
He also highlighted the country's offshore bidding round for 2026 as part of efforts to attract investment in domestic oil and gas exploration.
Speaking at the conference themed "Advancing LNG for the Future: Resilience and Reliability", the state minister said Bangladesh needed to focus on reliability, diversification, affordability and flexibility amid geopolitical uncertainty and volatility in global energy markets.
He said rising population, industrialisation, urbanisation and electricity demand were driving up energy consumption, while domestic gas production alone could no longer meet the country's requirements.