Tag: Energy Sector

4 news articles tagged with "Energy Sector"

Policy & Regulation ★ Editor's Pick Jul 29, 2026

Bangladesh Secures 13-Year LNG Import Deal with US Firm Gunvor Worth Tk 715 Billion

Bangladesh has approved a 13-year LNG import deal with US-based Gunvor USA LLC worth approximately Tk 714.95 billion. The deal will supply 78 cargoes of LNG from 2026 to 2039 under a government-to-government framework to meet the country's growing energy demand.

Policy & Regulation Jul 27, 2026

Bangladesh Must Restructure Energy Sector with Six Bold Reforms, PRI Says

Bangladesh's energy sector has become a macroeconomic threat with import bills surging from $4.3B to $11.2B and subsidies absorbing 22% of tax revenue, according to PRI's Sadiq Ahmed. He proposes six bold reforms including deregulation, corporatisation, and depoliticised pricing.

Logistics & Shipping Jul 26, 2026

Bangladesh Brings Foreign Experts to Repair Damaged FSRU as LNG Recovery Could Take Weeks

Excelerate Energy has brought in foreign experts to repair the damaged FSRU at Moheshkhali. The shutdown has cut 450 mmcfd of gas supply to Bangladesh's national grid, disrupting industrial production, CNG stations, and household cooking. Full recovery could take a couple of weeks.

Logistics & Shipping Jul 27, 2026

Oil Prices Sink as US-Iran Pause Fuels Fresh Hormuz Hopes, Brent Drops Below $90

Oil prices tumbled Monday as a US-Iran strike pause boosted hopes for Hormuz reopening. Brent crude dropped below $90/barrel after shedding 7%. Bangladesh stands to benefit from reduced energy import costs and stabilising Middle East shipping.

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