Officials from the Cabinet Division and the Prime Minister’s Office have directed all ministries and government agencies to submit proposals focused on energy conservation. These proposals are expected to be reviewed at an upcoming cabinet meeting.
At the same time, authorities are preparing a short-term plan for the next three months, along with contingency strategies covering a period of six months to one year, in case global tensions continue.
The policy discussions come amid tightening fuel supplies, rising import costs, and visible strain on distribution systems. In recent days, kilometre-long queues at filling stations in several areas have highlighted growing demand and uncertainty among consumers.
Officials noted that the ongoing geopolitical tensions involving the United States, Israel, and Iran have significantly increased risks to global energy supply chains. Particular concern surrounds the Strait of Hormuz, a key maritime route through which a substantial portion of the world’s oil and liquefied natural gas (LNG) is transported.
Any disruption to this route could have immediate and serious implications for Bangladesh, where power generation depends heavily on imported fuel and gas.
In recent weeks, supply constraints have forced the country to scale back imports under certain long-term agreements and rely more on the spot market, where prices have surged. As a result, there has been increased dependence on costlier alternatives, such as furnace oil, for electricity generation.
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