BANGLADESH INSTITUTE OF INTERNATIONAL AND STRATEGIC STUDIES

QUEST FOR ENERGY SECURITY IN BANGLADESH: CHALLENGES AND PROSPECTS

Author: Razia Sultana

DOI Link: https://www.doi.org/10.56888/BIISSj2008v29n1a3

ABSTRACT

Energy security is one of the major policy concerns for Bangladesh. Currently, the country with its vast population is facing formidable challenges in supplying energy in spite of having some mineral resources and significant amount of renewable resources options. To understand the overall energy scenario of the country, existing reserves of renewable and non-renewable energy resources have been discussedin the paper. In the energy security context, several issues such as export of gas, electricity shortage and high dependency on imported oil are real threats to ensuring supply of energy to meet the growing demand. These issues have been discussed within the conceptual framework of energy security for the country’s rapid economic growth. To overcome the challenges, sustainable energy development through intra-regional cooperation with SAARC,BIMSTECand extra-regional collaboration with the OPECcountries has also been touched upon in the paper.