Bangladesh faces LNG supply shortages amid QatarEnergy delivery cuts

Bangladesh is facing significant energy supply challenges as QatarEnergy, the country’s largest liquefied natural gas (LNG) supplier, has indicated it may only deliver 20 of its 40 contracted cargoes in 2026. This shortfall represents approximately 35% of the nation’s planned imports for the year. Other traders, including Oman’s OQ Trading and the US-based Excelerate Gas Marketing, have also invoked force majeure, forcing Bangladesh to rely more heavily on the volatile spot market.

The increased reliance on spot market purchases has caused the country’s LNG subsidy to climb to Tk16,600 crore, nearly triple the originally allocated Tk6,000 crore for the 2025-26 fiscal year.

In response to these supply pressures, the Summit LNG Terminal has increased its operations. Following the arrival of an LNG carrier at Moheshkhali, the terminal began sending approximately 110 million ft3/d of regasified LNG to the national gas grid on August 14, 2026. By August 15, the terminal reached its full capacity of approximately 550 million ft3/d. This increased supply is intended to support industrial activity, power generation, and overall energy security in Bangladesh.