Dhaka (TDI): Bangladesh has introduced new measures to reduce energy consumption as disruptions in global fuel markets, linked to the ongoing Middle East conflict, continue to pressure its power supply and economy.
According to officials, the cabinet approved a series of steps on Thursday aimed at stabilising the country’s energy situation, particularly as Bangladesh relies heavily on imported fuel and has been affected by rising global prices and supply uncertainty stemming from the US–Israel war with Iran.
Under the new arrangements, government offices will operate from 9:00 a.m. to 4:00 p.m., while markets and shopping centres are required to close by 6:00 p.m. to limit electricity usage. Authorities have also directed reductions in non-essential public spending and encouraged industries to cut back on power consumption, including minimizing excessive lighting.
The education sector is also expected to be impacted. The Ministry of Education plans to issue updated guidelines, with possible adjustments to school schedules and the introduction of online learning options being considered from Sunday onward.
In addition to these steps, the government is promoting energy-efficient transport solutions, including duty-free imports of electric buses for schools, with incentives for institutions that adopt them.
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Bangladesh has already implemented fuel rationing measures in response to shortages, along with restrictions on vehicle sales and reduced operating hours at fuel stations. These measures come amid reports of panic buying, fuel hoarding, and long queues across the country.
Despite some temporary relief during recent holidays, authorities have warned that fuel supplies remain tight. State agencies are working to secure energy for the country’s population of around 175 million while also exploring alternative supply sources in response to ongoing market volatility.
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At the same time, the government is seeking more than $2.5 billion in external financing to help cover the cost of fuel and liquefied natural gas imports, as rising energy expenses continue to put pressure on foreign exchange reserves.
