Bangladesh energy report

• Institutions & Energy Policy

  The Ministry of Power, Energy and Mineral Resources (MPEMR) is responsible for the energy sector. Its Power Division is responsible for power-related policies, while the Energy and Mineral Resources Division is responsible for gas, petroleum products and coal.

  The Ministry of Finance approves the investments in the energy sector.

• Energy Companies

  Oil:

  Petrobangla (Bangladesh Oil, Gas and Mineral Corp) is the national fuel company. It is involved in all oil, natural gas and coal exploration/production projects. Petrobangla operates via several subsidiaries, of which 3 for oil and gas E&P (1 for oil and 2 for gas), 1 for gas transmission, 6 for gas distribution, 1 for LNG, 1 for CNG & LPG, and 1 for coal mining.

• Energy Supply

  Gas:

  Natural gas production increased rapidly until 2016 (6%/year over 2010-2016), reaching 27.7 bcm. It has remained stable since then.

  The gas is mainly consumed for the production of electricity (61%); the rest is used by the industrial sector (15%), the residential-tertiary sector (15%), the transport sector (4%) and for non-energy uses (5%; fertilizers).

• Energy Prices

  Oil:

  Fuel prices are controlled by the Government and are not adjusted on a regular basis. Prices were raised four times in 2011, but thereafter no further adjustments were made until 2013 (11% hike for diesel, 5% hike for gasoline). Gasoline prices have dropped by 30% since 2014 and stood at US$1.03/l in 2018. Prices for diesel increased slightly in 2018 US$0.86/l.

• Energy Consumption

  Energy consumption per capita is 0.25 toe, including around 410 kWh of electricity (2017).

  The country's overall energy consumption is increasing quickly (4%/year since 2010), driven by rapid economic growth (6.7%/year). Its progression, however, is 40% lower than the GDP, resulting in a rapid decrease of its energy intensity (-2.7%/year).

• Issues & Prospects

  Electricity:

  PSMP 2016 targets a capacity of 24 GW (of which 10% of renewable capacity) in 2021, 40 GW in 2030 and 60 GW (including 3.8 GW of renewables) in 2040. The plan also targets 35% of gas and 35% of coal in the power mix in 2041. The Vision 2021 Plan targets expects the private sector to account for two-thirds of the total power generation in 2021, from one-third at present.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Bangladesh energy market report graphs:

• GRAPH 1: CO₂-energy Emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2018, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2018, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2018, %)
• GRAPH 9: Final consumption market share by sector (2018, %)

In the Bangladesh energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.