Bangladesh is seeking about $2 billion in loans from multilateral lenders by June in a bid to finance imports of liquefied natural gas and other fuels during the summer, Bloomberg reported on Friday, citing people familiar with the matter. The South Asian nation expects $1.3 billion from the International Monetary Fund under an existing program, along with about $700 million from the Asian Development Bank, the report said. We’ll likely get the IMF as well,” Mahmud Titumir added. Bangladesh spends roughly $12 billion annually on energy imports, including crude oil, liquefied natural gas, liquefied petroleum gas and coal, according to government data. In 2025, Bangladesh spent about $4 billion to import 109 LNG cargoes, up from about $3 billion for 86 cargoes in 2024.

Source: The Telegraph March 20, 2026 14:12 UTC