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The energy situation in Bangladesh and a strategy for future development

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  • Mozumder, S.Zaman

Abstract

With the latest increase in the price of oil, Bangladesh will have to spend about 50% of her foreign exchange earnings for meeting about 17% of her total energy need.† With economic development, the demand for energy will increase. If the present trend of development in the consumption of commercial energy is followed, the balance of payment situation will continue to deteriorate. Therefore, emphasis has been placed on the development of indigenous natural gas as a source of commercial energy. Because Bangladesh is basically an agricultural country and because about 90% of the population live in villages, in 1978–1979 about 65% of the total energy was supplied by traditional energy. Attention has therefore focused on the development of traditional sources of energy, to which little importance has previously been given.

Suggested Citation

  • Mozumder, S.Zaman, 1981. "The energy situation in Bangladesh and a strategy for future development," Energy, Elsevier, vol. 6(8), pages 809-816.
    • Handle: RePEc:eee:energy:v:6:y:1981:i:8:p:809-816
    DOI: 10.1016/0360-5442(81)90124-9
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