Bangladesh Spends 43pc of Annual LNG Subsidy in Six Weeks

Bangladesh has already spent nearly 43% of its annual LNG import subsidy within the fi rst one and a half months of the current fi scal year amid soaring global gas prices and supply disruptions.

The Finance Division has disbursed around Tk 4,700 crore, or 42.73% of the FY27 allocation of Tk 11,000 crore, for LNG imports-more than nine times the Tk 500 crore released during the same period last fi scal year.

The sharp increase follows rising LNG prices and disruptions to global supply routes amid confl ict in the Middle East.

Spot LNG prices recently approached $22 per MMBtu, while the government approved a spot-market cargo at $23.93 per MMBtu.

The government allocated Tk 11,000 crore for LNG subsidies in FY27, compared with Tk 6,000 crore in FY26.

However, actual LNG subsidy spending last fi scal year reached around Tk 16,600 crore.

Offi cials warned that continued instability in the Middle East could further increase LNG import costs and pressure government fi nances.

Leave a Reply

Your email address will not be published. Required fields are marked *