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Bangladesh Banks on LNG to Solve Energy Crisis

Bangladesh is banking on imported liquefied natural gas (LNG) to solve an energy crisis that has caused unprecedented outages across the nation

Released Wednesday, November 30, 2022

Bangladesh Banks on LNG to Solve Energy Crisis

Researched by Industrial Info Resources (Sugar Land, Texas)--Bangladesh is banking on imported liquefied natural gas (LNG) to solve an energy crisis that has caused unprecedented outages across the nation.

Bangladesh also plans to improve its regional transmission and renewable-energy capacities. But the South Asian nation also recently scrapped a plan to end nearly 10 gigawatts (GW) of coal-fired power generation, citing the heavy cost of alternatives and other financing issues.

AttachmentClick on the image at right for a graph detailing Bangladesh's active power projects, by fuel type.

Industrial Info is tracking nearly US$80 billion worth of active projects in Bangladesh's Power Industry. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a list of detailed reports on active projects, and click here for a list of detailed plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).

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