Dhaka, July 23 -- The government has signed its first-ever short-term liquefied natural gas (LNG) supply deal with OQ Trading International of Oman, aiming to boost the country's gas supply and reduce dependence on the volatile spot market.

The new sales and purchase agreement (SPA), signed on Tuesday, will allow Bangladesh to import one LNG cargo per month from August 2025 through December 2026, totalling 17 cargoes. This marks the first time Bangladesh is entering a short-term LNG deal with any global supplier.

Petrobangla Secretary Md Amzad Hossain signed the agreement on behalf of the state-run energy corporation. Officials of OQ Trading and its local partner, Rupantarita Prakritik Gas Company Ltd (RPGCL), were also present during t...