The state-run Rupantarita Prakritik Gas Company Ltd (RPGCL) intends to buy two more spot LNG cargoes for March 09-10 and March 15-16 delivery windows to meet the mounting demand during Ramadan.
The RPGCL has already floated tenders and is currently awaiting evaluation.
It earlier canceled two tenders for March 10-11 delivery windows due to poor response and high price quotes from the bidders.
If these two tenders become successful, Bangladesh will be able to bag three spot LNG cargoes for March deliveries.
The government has planned to buy a total of four similar cargoes for March delivery windows to meet the mounting energy demand, especially during the fasting month of Ramadan.
Energy demand will go up during Ramadan and subsequent months afterward to meet the growing demand for irrigation and summer.
