Bangladesh has received a new shipment of liquefied natural gas (LNG) from the international spot market as part of efforts to maintain uninterrupted gas supply to industries and power plants, officials have said.
The cargo, supplied by BP Singapore Private Limited, arrived at the floating storage and regasification unit (FSRU) operated by Excelerate Energy off Maheshkhali in Cox’s Bazar on 28 December 2025. The government spent nearly Tk 490 crore on the shipment, according to energy officials.
Rupantarita Prakritik Gas Company Limited (RPGCL), the state-owned LNG importing agency, confirmed the arrival, saying the cargo would help ease gas shortages towards the end of the year.
“The imported LNG will support meeting gas demand for the current month and help ensure stable supply to the industrial and power generation sectors,” said Engineer Muhammad Nasir Uddin, Deputy General Manager (LNG) at RPGCL.
A summary placed before the Advisory Council Committee on Government Procurement showed that the total cost of the shipment, including value-added tax and other charges, stood at Tk 489.88 crore. This was the 49th LNG cargo imported from the spot market in 2025, officials said.
Another RPGCL official, Engineer KM Zahirul Islam, said this was the final spot LNG shipment of the year, adding that imports would continue in 2026 under revised procurement plans.
Bangladesh regularly turns to the international spot market to supplement LNG supplies under long-term contracts, particularly during periods of high demand. On average, eight to nine spot LNG cargoes are imported each month to support domestic consumption, especially for power generation and industrial use.
According to the Energy Division’s procurement summary, international tenders were invited on 10 November 2025, with four global suppliers submitting bids under the Master Sale and Purchase Agreement (MSPA). BP Singapore Private Limited emerged as the lowest bidder, quoting US$11.64 per MMBTU.
The shipment comprised 3.36 million MMBTU of LNG, with a base cost of US$39.11 million. Based on the exchange rate on 16 November (US$1 = Tk 122.80), the cost translated to Tk 480.27 crore. After adding a two per cent advance income tax, the final cost rose to around Tk 490 crore.
Energy officials said the price was in line with prevailing global LNG benchmarks, including the Japan-Korea Marker (JKM) index. Compared with several previous spot cargoes imported earlier in the year, the government achieved marginal savings of up to US$0.33 per MMBTU, they added.
BP Singapore Private Limited, which has supplied LNG to Bangladesh for the first time, is a major international energy company with reported assets of nearly US$16 billion in 2023. Petrobangla officials said the company had the financial capacity to independently finance the shipment.
Bangladesh currently imports 56 LNG cargoes annually under long-term contracts with Qatar and Oman, with additional spot market purchases used to bridge supply gaps. The government says LNG imports remain crucial to sustaining economic activity, particularly as domestic gas production continues to decline.
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