2nd October 2024

Advisors Council Committee on Government Purchase (ACCGP) on Wednesday approved a total of 7 proposals including that of the import of LNG and fertilizers. Report UNB

Advisor for Finance Dr. Salehuddin Ahmed, who presided over the meeting, said that the proposals were approved as part of the government's measures to ensure available supply of gas and fertilizer.

"We hope there will be no shortage of fertilizer supply this season and the government is trying to mitigate the gas shortage through the LNG import,” he told reporters soon after the meeting.

As per the proposal moved by the Energy and Mineral Resources Division, state-owned Petrobangla will import 2 cargos of LNG (liquefied natural gas) from Singapore-based Gunvor Singapore Pte, Ltd at international spot market.

Govt to purchase LNG from 23 listed companies in int’l spot market through open tender

The first cargo, having 33.66 lakh metric tons of MMBtu will cost at Tk 640.15 crore with each MMBtu at $13.57 while the second cargo, having the same quantity, will cost Tk 649,59 crore with each MMBtu at $13.77.

Petrobangla selected the supplier through the quotation process under the Public Procurement Rules, 2008.


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