Bangladesh is currently grappling with a significant shortfall in gas supply, a situation exacerbated by recent disruptions in LNG imports that exposed the country's heavy reliance on external sources. To address these systemic challenges, experts suggest a multi-faceted strategy. This approach includes revitalizing domestic gas production, increasing investment in offshore exploration, ensuring the prudent management of LNG resources, improving overall energy efficiency, and accelerating the transition toward renewable energy sources.
Economy
Bangladesh’s energy crunch: Ambitious plans versus harsh realities
The widening gap between gas demand and supply, coupled with recent LNG disruptions, has highlighted the risks of Bangladesh's import dependency.
Source: The Business Standard