Gas crisis to persist until 2035, raising alarms for power and industry

Bangladesh’s natural gas shortage is expected to continue for at least another decade, with Petrobangla’s latest projections showing annual supply deficits through 2035 that could severely impact power generation and industrial output.
Current demand stands at 3,800 mmcfd, while supply lags at 2,900 mmcfd, leaving a daily shortfall of over 900 mmcfd. Domestic fields supply 1,850 mmcfd and imported LNG 1,050 mmcfd—although officials admit this level is not always achievable.
Petrobangla’s long-term plan shows no major supply boost until 2030–31, when a new LNG terminal in Maheshkhali may add 400 mmcfd. Even then, the deficit would remain around 500 mmcfd.
Energy specialists warn that years of policy missteps—such as approving large gas-fired power plants without fuel guarantees—have worsened the crisis. Rising industrial demand and stalled LNG expansion are deepening the problem.
Experts caution that without urgent investment in domestic exploration and alternative fuels, Bangladesh faces chronic energy insecurity, higher tariffs, and significant risks to economic growth through the next decade.
