LNG

The World Bank has provided a $700 million guarantee to help Bangladesh pay for liquefied natural gas (LNG) imports. At first glance, this appears to be a major relief for the country’s energy sector. The guarantee will make it easier to open letters of credit (LCs) with international banks and increase funding for LNG supplies. However, new concerns are emerging beneath this apparent relief. Energy experts are questioning the terms of the guarantee, the debt burden, the pressure of rising...

Bangladesh is becoming increasingly dependent on Japan’s liquefied natural gas (LNG) trade, exposing the country to long-term risks associated with the volatile global energy market, according to international research organisation Zero Carbon Analytics (ZCA). In its latest report, ZCA said Japa...

The supply of imported liquefied natural gas (LNG) in the country has started returning to normal. Full supply is expected to resume by 10:00 pm, reducing customer suffering caused by the disruption. Imported LNG is brought into the country by ship and docked at floating terminals in Maheshkhali...