Bangladesh approves two spot LNG cargo purchases to address supply disruptions

DHAKA: Bangladesh has approved the purchase of two spot liquefied natural gas cargoes to address supply disruptions from the escalating U.S.-Israeli conflict with Iran, a Petrobangla official said.

Bangladesh’s Rupantarita Prakritik Gas Company Ltd (RPGCL) had issued a tender seeking two cargoes of LNG for delivery in April 2026. The tender will be awarded to Aramco Trading Singapore at a price of $20.96 per million British thermal units (mmBtu), and $20.92 per mmBtu, said the Petrobangla official.

Bangladesh secures spot LNG cargoes as Mideast conflict lifts costs