Govt to procure 67.20 lakh MMBtu LNG

The government today approved separate proposals for procuring some two cargos or 67.20 lakh MMBtu LNG from Singapore and Switzerland to meet the growing demands of the country.

The approval came from the 29th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held today virtually with Finance Minister AHM Mustafa Kamal in the chair.

Cabinet Division Additional Secretary Sayeed Mahbub Khan said while briefing reporters after the meeting virtually that the day's meeting approved a total of five proposals.

Following two separate proposals from the Energy and Mineral Resources Division, Petrobangla would procure 33.60 lakh MMBtu LNG from M/S Total Energies Gas and Power Ltd, Switzerland with around Taka 595.46 crore where per MMBtu LNG would cost US$13.77, he said. 

The Petrobangla will procure another cargo or 33.60 lakh MMBtu LNG from Vitol Asia Pte Ltd, Singapore with around Taka 647.35 crore where per MMBtu LNg would cost US$14.97.

The Cabinet Division Additional Secretary informed that following two separate proposals from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure 30,000 tonnes of TSP fertilizer from OCP, SA, Morocco under state-level agreement with around Taka 129.10 crore. 

The BADC will procure another consignment of 40,000 tonnes of DAP fertilizer from MA'ADEN, Saudi Arabia also under state-level agreement with around Taka 237.61 crore.

Mahbub informed that the meeting approved another proposal from the Ministry of Shipping under which the Payra Port Authority would procure two mobile harbor cranes and ancillary equipments to be used for the Sea Port from Saif  Powertech Ltd with around Taka 109.53 crore.

/MHK/