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Bangladesh's Key Energy Statistics world rank
Total Primary Energy Production
2016
1.119
Quadrillion Btu
49
Total Primary Energy Consumption
2016
1.373
Quadrillion Btu
50
Dry Natural Gas Production
2017
1,043
Billion Cubic Feet
27
Dry Natural Gas Consumption
2017
1,043
Billion Cubic Feet
32
Primary Coal Production
2016
995
Thousand Short Tons
51
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Map of Bangladesh
Map of Bangladesh

Analysis - Energy Sector Highlights Last updated: September 2015

  • Natural gas and solid biomass and waste account for the majority of Bangladesh’s total primary energy consumption with the remainder being oil, coal, and hydro. In 2012, Bangladesh’s primary energy consumption was an estimated 55% natural gas, 27% traditional biomass and waste, 15% oil, 3% coal, and less than 1% hydropower and solar, according to the International Energy Agency.
  • Bangladesh is a net importer of crude oil and other liquids. In 2014, the country produced 4,800 barrels per day (bbl/d) of petroleum and other liquids and consumed more than 124,000 bbl/d. Because oil consumption has been increasing after 2010 to make up for the shortage of natural gas especially in the power sector, Bangladesh continues to increase its crude oil and oil product imports. Bangladesh processes crude oil at its 28,000-bbl/d-refinery owned by Eastern Refinery Limited (ERL), a subsidiary of Bangladesh Petroleum Corporation. Bangladesh Petroleum Corporation initially planned to triple the refinery’s capacity by 2016, although little progress has been made thus far.
  • Bangladesh, the eighth largest natural gas producer in the Asia Pacific region in 2014, produced 833 billion cubic feet (Bcf/y), all of which was domestically consumed. Natural gas production in Bangladesh has steadily increased by an annual average of 6% from 2004 to 2014. However, Bangladesh still faces acute natural gas supply shortages especially in the electricity sector. These shortages, in turn, have led to rolling blackouts of electricity.
  • Onshore fields currently supply all of the country’s natural gas supply, although production of these mature fields is expected to plateau in the next few years. Bangladesh is seeking greater investment in its offshore area. The country plans to launch its next licensing round for several shallow water and deepwater fields in 2016, about four years after its last tender.
  • Bangladesh also hopes to increase natural gas supply through LNG imports to limit strains on its power grid and reduce blackouts. In 2014, state-owned Petrobangla signed a preliminary agreement with a U.S. consortium, consisting of Astra Oil and Excelerate Energy, to build the country’s first offshore floating LNG import terminal with a regasification capacity of 240 billion cubic feet per year (Bcf/y). Bangladesh is prioritizing natural gas imports to relieve some of the gas shortage issues in the short term and intends to expedite the development of its first LNG terminal. Bangladesh is seeking to extend a memorandum of understanding signed with Qatar to supply natural gas to the terminal with the expectation that the terminal will come online by 2017. Also, state-owned Power Cell is evaluating plans to build an onshore LNG import terminal at Moheshkhali Island in the Bay of Bengal.

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Data