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continue,” he said.

Bangladesh depends on imports for nearly all of its refined petroleum products, while crude oil makes up about a fifth of the total supply, processed domestically at the refinery.

As much as 65 percent of the country’s piped gas supply needs are met from the local fields, with the remainder met through imports.

Of the LNG import, the country mostly depends on the government-to-government deals with Qatar (65 percent), which requires it to use the Strait of Hormuz.

Nine liquefied natural gas (LNG) cargoes are scheduled to arrive this month, with six coming from Qatar, said Petrobangla officials.

Four have already crossed the Strait, said Petrobangla Chairman Mohammad Erfanul Haque yesterday.

“So there is no risk regarding those cargoes,” he said, adding that the authorities are also in touch with alternative suppliers in case of any disruption.

Meanwhile, the country’s reliance on Middle Eastern LPG has fallen sharply.

While 76 percent of the LPG imports passed through the Strait of Hormuz in fiscal 2024-25, that share has dropped to 25 percent in the first two months this year.

At present, 62 percent of LPG imports are being sourced from the US.

The reduced dependence on the Middle East lowers the immediate risk of disruption in the LPG sector, said Md Rokonujjaman, head of sales at Omera Petroleum.

“Imports have increased slightly compared to previous months, and a major portion now comes from the US. However, if the Middle East crisis becomes prolonged, Bangladesh will face pressure. Greater reliance on alternative sources could drive up prices and intensify supply risks,” he told The Daily Star.

Iran’s indication that it has no immediate plan to close the Strait of Hormuz is a positive signal for import-dependent countries like Bangladesh.

In the BPC’s stock, furnace oil remains at 78,278 tonnes, which is required in power plants and industries.

As per the BPC’s calculation, the stock is enough to meet two months’ demand.

Most of the power plants import their oil by themselves and they were supposed to complete their preparation for summer, officials said.

“We don’t have exact data but there may not be any problem in this regard,” said a BPC official.