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The government is set to purchase three more liquefied natural gas (LNG) cargoes from the spot market by mid-June.
State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) floated tenders to purchase three more LNG cargoes from the spot market by mid-June for delivery over June 8-9, June 9-10, and June 14-15 windows amid the persistent Middle East crisis and Strait of Hormuz disruptions.
The volume of the spot LNG cargo is approximately 3.36 million MMBtu each, according to a senior RPGCL official.
The cargoes are to be delivered to Moheshkhali Island, with an option to discharge to either of the country’s two floating storage re-gasification units, or FSRUs, located on the island, the RPGCL official said.
RPGCL is a part of state-owned Bangladesh Oil, Gas and Mineral Corporation, also known as Petrobangla, and is responsible for LNG trading in Bangladesh.
If these tenders become successful, the country’s total LNG spot cargo buys from the spot market during this year will reach 22 so far and 20 of them after the commencement of the war in the Middle East, he said.
The country’s total buy of LNG cargoes from the spot market will be three by mid-June, compared to seven it purchased in May and April, respectively.
Bangladesh has been buying more spot LNG cargoes since the commencement of war in the Middle East, as most of its long-term LNG suppliers from Qatar and Oman have stopped LNG cargo deliveries, announcing ‘force majeure,’ he said.
Bangladesh had imported a total of 49 LNG cargoes from the spot market in 2025, said the RPGCL official.
Bangladesh last awarded three spot LNG cargoes for late May deliveries over May 20-21, May 23-24, and May 26-27 windows to BP Singapore Pte Ltd, BGN International and Aramco Trading Singapore Pte Ltd at US$16.83 per MMBTu, US$16.90 per MMBTu, and US$16.90 per MMBTu, respectively.
Since Bangladesh's LNG imports began in 2018, the country has imported approximately 36.43 million mt of LNG through 588 cargoes as of March 2026, according to RPGCL data.
Bangladesh’s overall natural gas supplies were around 2.75 billion cubic feet/d, including 1.071 billion cubic feet/day of regasified LNG, , according to official Petrobangla data as of May 9.
azizjst@yahoo.com