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Economy

Bangladesh pauses US LNG deal citing high pricing

Bangladesh has put a planned LNG deal with the US on hold due to concerns over high pricing.

TBS Bangladesh ยท 10 August 2026, 10:00 AM

According to officials from Petrobangla and the Energy Division, Gunvor raised the JKM-linked price for LNG supplies between 2026 and 2028, citing a tight global supply outlook. However, the company agreed to a lower Henry Hub-linked price starting from 2029, as market conditions are expected to ease with the launch of new infrastructure projects.