The interim government has resolved to establish a land-based liquefied natural gas (LNG) terminal in order to ensure uninterrupted gas supply to industrial facilities across the country, according to the Chief Adviser’s Press Secretary Shafiqul Alam.
Speaking in Doha on 24 April, Shafiqul Alam stated that the decision arose in response to persistent complaints from entrepreneurs who claimed they were unable to set up factories due to insufficient gas supplies.
“Many have said they cannot proceed with industrial ventures because of the energy shortage. Hence, we are determined to establish a land-based LNG terminal as swiftly as possible, enabling sufficient imports of gas from abroad,” he said.
Alam further noted that discussions had taken place with QatarEnergy during Chief Adviser Professor Muhammad Yunus’s visit to the Qatari capital, with a particular focus on a strategic energy partnership.
Reflecting on the Doha visit, Shafiqul Alam described it as “extremely successful and fruitful”, asserting that the tour would significantly enhance Bangladesh’s global standing and attract increased foreign investment.
Touching upon the economic context, Shafiqul Alam contrasted the current situation with that under the previous administration.
“At the end of the ousted government’s term, the country had accumulated $3.2 billion in debt. The interim administration has since brought that figure down to $600 million,” he said, adding that the remaining amount would be repaid within the next few months.
“This sends a strong signal to the international community that Bangladesh is open for business,” he remarked.
Professor Yunus is scheduled to depart Doha for Rome on Friday to attend the funeral of Pope Francis, concluding his four-day diplomatic visit to Qatar.
