Minister for Power, Energy and Mineral Resources Iqbal Hassan Mahmood Tuku on Sunday informed Parliament that Bangladesh’s remaining natural gas reserve is sufficient to meet the country’s demand for around 12 years at the current consumption rate.
Replying to separate starred questions in the Jatiya Sangsad, the minister said the country currently has an estimated 7.63 trillion cubic feet (TCF) of recoverable natural gas as of 1 January 2026. Of this, 22.11 TCF has already been extracted, bringing the total proven reserve to 29.74 TCF.
He said that with a daily consumption of around 1,700 million cubic feet, the remaining reserve would last for approximately 12 years if no new gas fields are discovered.
The minister also highlighted ongoing efforts to strengthen domestic energy security, saying the government has launched extensive drilling and seismic survey programmes under Petrobangla’s phased plan. A total of 50 wells have been targeted, of which 26 have already been drilled and workover operations completed, while the rest are under progress.
He added that BAPEX and other state-owned companies are conducting 2D and 3D seismic surveys across key gas-bearing regions including Bhola, Jamalpur, Titas, Habiganj, Narsingdi and Sylhet to discover new reserves and boost future production.
In a separate briefing to Parliament, the minister said the government has intensified nationwide monitoring to ensure Liquefied Petroleum Gas (LPG) is sold at government-fixed prices and to prevent artificial shortages or market manipulation.
He said coordinated enforcement measures involving the Energy and Mineral Resources Division, BERC, district administrations and law enforcement agencies have been strengthened, with regular mobile court drives being conducted at field level.
Authorities have also been instructed to take strict action against hoarding, overpricing and other irregularities, while LPG operators have been directed to comply with fixed retail prices.
The minister noted that around 98.67 per cent of LPG is import-dependent and said global supply chains are being closely monitored amid geopolitical tensions in the Middle East to ensure uninterrupted supply.