Prospects of Liquefied Gases in Bangladesh Economy As a Move Towards Fuel Diversification

SageSubmissions. Preprint. DOI: 10.31124/advance.7227653

2nd Hellenic Association for Energy Economics (HAEE) Energy Conference, May 18-20, 2017, Athens, Greece

11 Pages Posted: 15 Nov 2018

See all articles by Muntasir Murshed

Muntasir Murshed

Bangladesh Institute of Development Studies (BIDS); Centre for Policy Dialogue; North South University - Department of Economics, Students

Sakib Amin

North South University

Date Written: 2018

Abstract

Traditional dependence on fossil fuel has led to the Economy of Bangladesh being confined to energy shortages, marginalizing the development prospects of this energy South Asian economy. The country has also relied heavily on its indigenous supply of natural gas particularly for electricity generation purposes. However, following the inappropriate subsidized pricing of natural gas in the country has led to over-exploitation of this resource and together with technical inefficiencies holding back new natural gas field discovery has pushed the nation towards running out of this energy resource by 2031. Thus, the aim of this paper is to discuss the prospects of liquefied gaseous use in Bangladesh, especially in the form of LNG and LPG, as a strategy to embrace fuel diversification within the Bangladesh economy in order to relieve the existing pressure on natural gas demand.

Keywords: Renewable Energy, Liquefied Natural Gas, Liquefied Petroleum Gas, Bangladesh

Suggested Citation

Murshed, Muntasir and Amin, Sakib, Prospects of Liquefied Gases in Bangladesh Economy As a Move Towards Fuel Diversification (2018). SageSubmissions. Preprint. DOI: 10.31124/advance.7227653, 2nd Hellenic Association for Energy Economics (HAEE) Energy Conference, May 18-20, 2017, Athens, Greece , Available at SSRN: https://ssrn.com/abstract=3271884 or http://dx.doi.org/10.2139/ssrn.3271884

Muntasir Murshed (Contact Author)

Bangladesh Institute of Development Studies (BIDS) ( email )

E-17, Agargao, Shere Bangla Nagar
Dhaka, 1207
Bangladesh

Centre for Policy Dialogue ( email )

Dhaka
Bangladesh
+8801674873708 (Phone)

North South University - Department of Economics, Students ( email )

Dhaka 1213, Dhaka 1209
Bangladesh
+8801674873708 (Phone)

HOME PAGE: http://https://www.linkedin.com/in/muntasir-murshed-4b6b46151/

Sakib Amin

North South University ( email )

15 Ariful Haque Chowdhury Rd
Bashundhara Residential Area
Bangladesh, Dhaka 1229 1229
Bangladesh

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