Experts opinion on LNG import 

"The mistakes that were warned about in the past have now become real problems," said former Buet professor and energy expert Dr Ijaz Hossain. He called for realistic, cost-based pricing and stronger action against gas theft, while cautioning industries to prepare for future volatility. The government has attempted to meet the country’s immediate energy needs by importing oil for use in generators. Unfortunately, dissolution costs far more than what is recovered through billing, placing considerable pressure on the budget and the country’s foreign exchange reserves. Furthermore, many other potential solutions will also cost considerably more than the low rates that Bangladeshis are accustomed to paying for energy. Dr. Hossain argued that liquefied natural gas (LNG) is far too expensive and that the government’s projections for producing nuclear power woefully underestimate the cost of building a nuclear power plant.

Prof Dr M Tamim, Vice Chancellor of Independent University, Bangladesh viewed that the country should not stop importing LNG in order to keep energy sources widened." There is no escape from high price and the policymakers need to be proactive in taking necessary decisions, both economically and politically, keeping the welfare of the general people in concern," he says."Local energy is the most secure source of energy". Tamim said taking the advantage of spot market's volatility the LNG traders ask huge premium and prices. Remember, this is not the normal market price it will go up and down, so we should be cautious about the pricing issue before taking any decision to sign any final contract with any companies. He term the proposed USA companies offered price as an "absurd" one.

Prof M Shamsul Alam, energy adviser to the Consumers Association of Bangladesh, warned that rising LNG import costs could trigger another round of gas tariff hikes. “Theprevious Awami League government said it would increase domestic gas exploration. The caretaker administration said the same thing. The current government is also saying it. But where are the results?”Consumers, henoted, have long contributed around Tk 1,500 crore annually to energy development funds intended to boost domestic production and shield against global volatility. “These funds were created so that when international prices rise, consumers would receive temporary protection. But none of that has happened. Instead, our market has become increasingly tied to volatile import dependence.”