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Bangladesh

Bangladesh highlights offshore energy potential at London summit

Waadaa Desk

Bangladesh has highlighted its growing energy demand, offshore resource potential and improved investment framework before international investors at the World Energies Summit in London.

At a ministerial address on the summit’s Strategic Stage on Tuesday, State Minister for Power, Energy and Mineral Resources Anindya Islam Amit said the government is committed to increasing the exploration and production of domestic gas and other energy resources to meet the country’s rapidly growing demand.

He called on international oil and gas companies to participate in the Bangladesh Offshore Bidding Round 2026, under which 26 blocks in the Bay of Bengal have been opened for investment.

The blocks include 11 shallow-water and 15 deep-water blocks.

Invest Bangladesh Chairman Chowdhury Ashik Mahmud Bin Harun presented an overview of Bangladesh’s investment climate, highlighting macroeconomic stability, growing investment momentum and government policies aimed at supporting international investors.

The presentation also focused on Bangladesh’s relatively unexplored offshore potential, the availability of modern seismic data and the competitive commercial terms offered under the Offshore Model Production Sharing Contract 2026.

The Bangladesh delegation urged international energy companies to review the country’s geological and seismic data and engage directly with the government and Petrobangla to explore opportunities under the ongoing bidding round.

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