Bangladesh, July 22 -- The government has unveiled a comprehensive strategy to strengthen Bangladesh's long-term energy security, centred on the creation of strategic fuel reserves, expanded storage capacity, increased domestic oil and gas exploration and greater diversification of energy imports to reduce exposure to global supply shocks.

According to the budget document for FY2026-27, the initiatives are aimed at protecting the country's fuel supply from geopolitical disruptions and international market volatility while ensuring affordable energy prices and balanced regional distribution.

To support the strategy, the government will establish Strategic Energy Reserves and related storage infrastructure to ensure uninterrupted fuel su...