Despite the ongoing Middle East conflict and global supply disruptions, Bangladesh has more than doubled its fuel imports compared to last year. Spending on LNG and LPG imports has also surged by nearly Tk 24,000 crore, yet market uncertainty continues, fueled by public fear and lack of coordination.
In March 2026, 11 ships carrying 327,000 tons of fuel oil arrived in the country, alongside 22,000 tons of diesel via pipeline from India. According to Chattogram Custom House, total paid fuel imports in the first three months of 2026 reached 2.5 million tons, compared to about 1 million tons during the same period last year. Additionally, 300,000 tons of unrefined petroleum were imported.
Chattogram port received 42 ships in March, including 9 LNG, 14 LPG, 10 gas oil, and 9 refined fuel vessels. While some shipments came directly from the Middle East, alternative sources were also secured to maintain supply. Commodore Ahmed Amin Abdullah, member of Chattogram Port Authority (Harbor & Marine), confirmed that recent shipments are arriving from the eastern routes, reflecting the government’s effort to secure alternative fuel sources.
Experts say the current challenges are not due to supply shortages but stem from fear-driven price speculation and hoarding. Fuel expert Monjare Khoroshed Alam explained:
“Some stockpilers are hoarding oil. Since prices haven’t increased here yet, they expect future shortages and price hikes. This is the root of the artificial crisis. Authorities have so far failed to communicate this to the public.”
Authorities emphasize that increasing imports alone will not solve the crisis. Experts recommend effective supply management strategies and restoring public confidence to prevent artificial shortages and price panic.
