Bangladesh approved a Chinese state firm to build its third floating LNG terminal at Maheshkhali, Cox's Bazar, boosting regasification capacity to 600 to 750 mmcfd and raising import capacity to about 1,700 to 1,850 mmcfd. The government agreed to long-term payments amid domestic supply shortfalls, rising LNG reliance and Middle East conflict related supply concerns. Operations are expected in 2028.