Cabinet Approves LNG Import Proposals
The Bangladesh government has decided to import two cargoes of Liquefied Natural Gas (LNG) from the international spot market.
The Cabinet Committee on Government Purchase (CCGP) approved the proposals on Thursday, which were placed by Petrobangla under the Energy and Mineral Resources Division.
LNG from Switzerland and Singapore
According to the decision:
- One cargo (33.60 lakh MMBtu) will be imported from TotalEnergies Gas & Power Ltd, Switzerland at a cost of Tk 595.45 crore. Each unit of LNG will cost $13.77.
- The second cargo (same quantity) will come from Vitol Asia Pte Ltd, Singapore at a cost of Tk 674.35 crore, with each unit priced at $14.90.
Both proposals were approved as unsolicited offers under the Speedy Supply of Power and Energy Act (Amendment) 2021.
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Meeting Led by Finance Minister
The meeting was held virtually and was chaired by Finance Minister AHM Mustafa Kamal. The committee also approved three other proposals during the session.
Fertilizer Imports Also Approved
The CCGP approved two fertilizer import proposals from the Ministry of Agriculture:
- 30,000 metric tons of SP fertilizer will be imported from OCP, Morocco for Tk 129.10 crore.
- 40,000 metric tons of DAP fertilizer will be imported from Ma’aden, Saudi Arabia for Tk 237.61 crore.
These imports will be made through state-level agreements by the Bangladesh Agriculture Development Corporation (BADC).
Consultancy for Bridge Project Approved
The Roads and Highways Department received approval to appoint a joint venture consultant team for the Nalua-Baherchar Bridge construction over the Pandav-Payra River in Barisal.
The consulting firms include:
- Dohwa (Korea)
- SMEC International (Australia)
- Pan Arab Consulting Engineers (Kuwait)
- SARM Associates Ltd (Bangladesh)
- ACE Consult
The total consultancy cost is Tk 72.74 crore.
Source: Dhaka Tribune
