The government will sign LNG import deals with 30 global suppliers to source the 'expensive' fuel from spot market.
State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has already prepared a draft of master sales agreement (MSA) to purchase lean liquefied natural gas (LNG) from the suppliers, said an official.
The draft of the MSA would be sent to all the 30 LNG suppliers soon to facilitate the deals, he said. He, however, did not disclose the quantity of LNG to be imported from the spot market.
The RPGCL, a wholly-owned subsidiary of Petrobangla, earlier had selected the firms from US, UK, France, Qatar, Australia, Italy, Spain, Switzerland, Japan, Singapore, Hong Kong, Malaysia, Bermuda, Malaysia and their consortia to purchase LNG on spot basis, following a competitive tender.