Govt to procure one cargo LNG

The Advisory Council Committee on Government Purchase has recommended the procurement of one cargo of liquefied natural gas (LNG) from the international spot market to meet the country’s growing energy demand.

The decision was taken in a meeting of the committee at the Cabinet Division Conference Room at Bangladesh Secretariat on Monday, with Finance Adviser Dr Salehuddin Ahmed in the chair.

The proposal was placed by the Energy and Mineral Resources Division following the Public Procurement Rules 2025.

Under the proposal, one LNG cargo will be procured for delivery during January 9–10, 2026 at a total cost of about Taka 420.09 crore. The unit price has been fixed at US$ 9.99 per MMBTU.

South Korea-based Posco International Corporation has been recommended as the supplier.

Officials said the LNG import would help ensure an uninterrupted gas supply for power generation and industrial use amid rising demand during the winter season.