The government has moved to install a new floating LNG terminal at Maheshkhali in Cox's Bazar to bolster the country's energy security. Under this initiative, a plan has been finalized to import five LNG cargoes from Oman and Malaysia.

New Addition to Energy Supply

According to official sources, the new Floating Storage and Regasification Unit (FSRU) will enhance the capacity to supply gas to the national grid. Currently, the country's two main floating LNG terminals operate at Maheshkhali, where imported LNG is processed into gas and fed into the national transmission network.

Import Plan

Ahead of the new terminal's commissioning, steps have been taken to secure fuel reserves by importing five LNG cargoes from Oman and Malaysia. Once these cargoes arrive, the fuel will be stored at the new terminal and processed as required to integrate into the supply chain.

Aim for Supply Stability

With demand for gas rising steadily across industries, power plants, and households, reliance on imports has increased. Officials expect the new terminal to play a critical role in stabilizing gas supply once operational. Detailed timelines and the implementation phase of the project have not yet been officially disclosed.