Govt to procure 2 cargoes of LNG

The government has approved a purchase proposal of two cargoes of liquefied natural gas (LNG) from BP Singapore Pte Ltd at a combined cost of more than Taka 1,850 crore, including advance income tax, amid continued efforts to ensure uninterrupted gas supply. 

The decision was taken at a meeting of the Cabinet Committee on Government Purchase (CCGP) held at Bangladesh Secretariat on Monday with Finance Minister Amir Khosru Mahmud Chowdhury in the chair. 

The purchase proposal was placed by the Energy and Mineral Resources Division under the international Request for Quotation (RFQ) process in accordance with Rule 105(3) (a) of the Public Procurement Rules (PPR), 2025. 

According to the proposal, one cargo for delivery on Aug 23-24 was recommended for purchase from BP Singapore at $21.878 per million British thermal units (MMBtu), costing Taka 927,50,60,833.92 including AIT. 

Another cargo for delivery on Sept 4-5 was recommended from the same supplier at $21.778 per MMBtu, costing Taka 923,26,66,369.92 including AIT. 

The total cost of the two cargoes stands at around Taka 1,850.77 crore. 

The proposal was considered by the Cabinet Committee on Government Purchase, with the LNG procurement being placed under the applicable provisions of the PPR 2025.