
The Advisory Committee on Government Purchases recently approved two proposals to buy liquefied natural gas (LNG) from the spot market for Tk 1,496.37 crore under the direct procurement method.
The Energy and Mineral Resources Division has been authorized to procure LNG worth Tk 754.42 crore at $15.73 per Metric Million British Thermal Units (MMBTU) from M/S Total Engineering Gas and Power Ltd, Switzerland. Another purchase worth Tk 741.95 crore at $15.47 per MMBTU was approved by M/S Singapore Pte Ltd, Singapore.