Bangladesh Scrambles for Gas as Qatar Shuts the Tap Till November
Qatar just said no more LNG till November, and Dhaka is racing to fill the gap with costly emergency cargoes.
In a Nutshell
- Petrobangla expects 10 LNG cargoes this September. Deals are confirmed for eight of them, and two more are still being arranged, mostly bought from the pricier spot market.
- Bangladesh got nine cargoes in July and six in August, but the country's gas supply is still far below what it actually needs each day.
- QatarEnergy has extended its suspension of LNG shipments to Bangladesh beyond September. Pakistan's cancellations will stretch into October too.
- The trouble started on March 4, 2026, when the US Iran war shut down safe shipping through the Strait of Hormuz. Iranian missile strikes on Qatar's Ras Laffan plant then cut its gas export capacity by 17%.
- Fixing the damaged Ras Laffan plant could take three to five years. This means Qatar's supply problem will not end soon.
Context
Bangladesh relies heavily on imported LNG to run its power plants and factories, and Qatar has long been its biggest supplier. Since March 2026, attacks on tankers and gas facilities near the Strait of Hormuz have repeatedly disrupted these shipments. With Qatar's long term contracts frozen, Bangladesh now buys expensive emergency cargoes from the spot market to cover the shortfall, even though gas supply to homes and industries is still well below normal demand.
Why it matters
This is not a small, short term problem. Qatar itself says repairs could take three to five years, which means Bangladesh cannot just wait this out; it needs a real backup plan. Money wise, spot market LNG costs almost double what long term contracts cost, and that extra expense eats into the country's foreign currency reserves and government budget. On the ground, that often means more power cuts, and people are already complaining to their local lawmakers about it.
The bigger picture here is that Bangladesh's power supply depends on a war happening thousands of miles away, Pakistan and Italy are facing the same Qatari cutbacks, which shows that even richer countries with more options are struggling. For Bangladesh, a country that imports most of its energy and has limited foreign currency to spare, this problem hits much harder.
What we think
Petrobangla has confirmed eight of the ten cargoes needed this month, but the promise of fully normal supply by early September comes from a political adviser, not a technical guarantee.
The real question is simple: will this finally push Bangladesh to find new gas suppliers, or will everyone forget once the ships start moving again?