Bangladesh’s state-owned company Petrobangla is preparing to sign a long-term supply agreement with Oman Trading International for additional liquefied natural gas (LNG) stocks. Starting from January 2026, Bangladesh will receive an extra 0.5 to 1.5 million metric tons per year of LNG, with the possibility of 0.25 million tons in late 2025. This marks Petrobangla’s second contract with Oman Trading International, with the existing 10-year contract for 1 million metric tons per year. Bangladesh heavily relies on imported LNG for power generation due to limited domestic gas reserves and coal-fired capacity.
- Petrobangla to sign 10-year LNG supply deal with Oman Trading International