The government will buy 67.20 lakh MMBtu of liquefied natural gas (LNG) in two cargo ships from Switzerland and Singapore at the cost of Tk 1,242.80 crore.
The Cabinet Committee on Government Purchase (CCGP) on Thursday approved two separate proposals of state-owned Petrobangla, placed by the Energy and Mineral Resources Division.
Finance Minister AHM Mustafa Kamal chaired the meeting of the CCGP.
After the meeting, Additional Secretary of Cabinet Division Syed Mahmud Khan told reporters that 6 proposals have been presented for the approval of the Purchase Committee. The proposals were two from the Department of Energy and Mineral Resources, two from the Ministry of Agriculture, one from the Department of Road Transport and Highways and one from the Ministry of Shipping, he mentioned.
“Of these, the Purchase Committee approved five proposals. The proposal of the Ministry of Shipping has been rejected. The total amount of approved five proposals was Tk 1,682.27 crore,” he added.
As per the first proposal, Petrobangla will import 33.60 lakh MMBtu of LNG in one cargo from Total Energies Gas and Power Limited, Switzerland, at a total cost of Tk 595.45 crore with each unit of LNG at $13.77.
The same quantity of LNG will be imported by Petrobangla in another cargo ship from Vitol Asia Pte Ltd, Singapore, at a cost of Tk 674.35 crore with each unit at $14.90.
The CCGP also approved two proposals of the Agriculture Ministry for import of fertilizer.
As per the proposals, under the state level agreement, Bangladesh Agriculture Development Corporation (BADC) will import 30,000 metric tons (MTs) of SP fertilizer from OCP of Morocco at a cost of Tk 129.10 crore.
Under the state level agreement, the BADC will import 40,000 MTs of DAP fertilizer from Ma’aden of Saudi Arabia at a cost of Tk 237.61 crore.
The CCGP approved a proposal of the Roads and Highways Department to appoint the Joint Venture of (1) Dohwa, Korea; (2) SMEC International Pt. Ltd. Australia; (3) Pan Arab Consulting Engineers, Kuwait; (4) SARM Associates Ltd, Bangladesh and (5) ACE Consult, as consultant for “Construction of Nalua-Baherchar Bridge over Pandav-Payra River on Barisal (Dinerarpul)-Lakshipasha-Dumki Road” project at a cost of Tk 72.74 crore.
On the same day, in the meeting of the Cabinet Committee on Economic Affairs, Petrobangla under the Department of Energy and Mineral Resources was gave in-principle approval to process a proposal to supply LNG under a long-term contract from 2026 for a period of 15 years from 1 to 1.5 MTPA of LNG from Accelerate Energy Bangladesh Limited established at Maheshkhali in Cox’s Bazar.
In view of another proposal, Petrobangla under the Department of Energy and Mineral Resources has been given in-principle approval to process a proposal for the supply of LNG under a long-term contract of 1.5 MTPA of LNG from 2026 for a period of 15 years from Summit Oil and Shipping Company Limited established at Maheshkhali in Cox’s Bazar.
