LNG EXPANSION AND DOMESTIC GAS EXPLORATION ARE URGENT22 Feb 2026 17:48
LNG EXPANSION AND DOMESTIC GAS EXPLORATION ARE URGENT
To reduce the average cost of electricity, the government should also explore opportunities to import power at competitive prices from neighboring countries.
Bangladesh currently operates around 7,000 MW of coal-fired power capacity, all fueled by imported coal. A policy decision is needed on how and how quickly domestic coal production can reduce this import dependence.
What decision should the current government take regarding domestic coal exploration and use? In the changed global context, attracting investment for coal extraction is a major challenge. What do you say?
Look, there is no alternative to developing and extracting domestic coal in order to reduce pressure from imports. This is because domestic gas reserves are declining rapidly. In that situation, coal will make a major contribution to ensuring energy security. The Scheme of Development for the Phulbari coal mine is already in the government’s hands. First, the government must take a political decision to proceed with coal development and extraction. Then, this Scheme of Development should be reviewed by an internationally neutral consulting firm. If a quick decision is taken, it will be possible to extract and use Phulbari coal within three years. After Phulbari, attention should gradually shift to other reserves.
Coal investment is challenging in the changed global context. However, many countries around the world are still interested in investing in coal mining.
https://ep-bd.com/view/details/article/MTI2ODI%3D/title?q=lng+expansion+and+domestic+gas+exploration+are+urg
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