Officials see US LNG as a new source beyond GCC amid looming tariff pressure under Trump’s new “reciprocal tariff” policyBangladesh in talks with US on LNG imports to address tariffs, trade gapBangladesh is exploring US-sourced liquefied natural gas (LNG) imports as part of its strategy to reduce the growing trade deficit with the United States and counter the impact of new tariffs on exports. Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun shared this at a press briefing on Sunday ahead of the upcoming investment summit. He noted that the Donald Trump administration had decided to resume LNG exports and that Bangladesh had already initiated talks with Washington to source gas. However, the 'heavy pressure' gas from pipelines should be dedicated to industrial use. Consumers who use gas for cooking do not require heavy pressure gas."
Source: bd News24 April 06, 2025 16:17 UTC