AmCham calls for urgent reform as Bangladesh faces energy security risks

Speakers at a discussion urged the interim government to strengthen its energy governance and accelerate exploration and infrastructure upgrades to prevent a deepening energy crisis, reports UNB.

Speakers said this Tuesday at a discussion titled 'Powering Bangladesh Toward Energy Security' organised by the American Chamber of Commerce in Bangladesh (AmCham) in the capital.

The event was supported by Chevron Bangladesh, an industry leader whose 30-year partnership has significantly contributed to Bangladesh's economic growth and community development, investing approximately USD 4.2 billion as the country's largest gas producer, supplying nearly 60 per cent of domestic demand, said a press release.

Syed Ershad Ahmed, President of AmCham Bangladesh, underscored that energy security is currently critically important for Bangladesh.

He also highlighted that the country's energy sector faces persistent fuel shortages, outdated transmission systems, declining gas reserves, and overreliance on imported fuels, which undermine reliability and industrial growth. Strengthening regulatory governance, accelerating exploration, upgrading infrastructure, expanding renewables, and enabling clearer investment pathways are essential to building a resilient, secure, and future-ready energy ecosystem.

Syed Ershad Ahmed, said that the country's energy sector faces persistent fuel shortages, outdated transmission systems, declining gas reserves, and overreliance on imported fuels, which undermine reliability and industrial growth.