The government on Tuesday approved a proposal to import one cargo of liquefied natural gas (LNG) from Singapore to meet the country’s growing energy demand.
The approval came from a meeting of the Advisers Council Committee on Government Purchase (CCGP) held at the secretariat with Finance Adviser Dr Salehuddin Ahmed in chair.
Following a proposal from the Energy and Mineral Resources Division, Petrobangla will procure one cargo of LNG from the spot market through BP Singapore Pte Limited, Singapore, using an international quotation method.
The purchase is estimated to cost around Tk 489.88 crore, with the price per MMBtu of LNG set at $11.64.
The committee also approved several major infrastructure-related proposals including the construction of a new fertiliser buffer godown and a variation in consultancy services for a major railway development project.
As part of ongoing efforts to expand the country’s fertiliser storage network, the committee endorsed the construction of a 10,000-metric-ton capacity buffer godown in Satkhira under the project titled “Construction of 34 Buffer Godowns for Fertiliser Storage and Distribution (1st Revised).”
Officials said the new facility will enhance regional storage capacity and support a more efficient distribution mechanism nationwide.
In another key decision, the committee approved a variation proposal for consultancy services of the project “Construction of Single Line Dual Gauge Track from Dohazari to Cox’s Bazar and Ramu to Ghumdhum (2nd Revised).”
The day’s meeting also cleared two proposals under the Road Transport and Highways Division and the Ministry of Civil Aviation and Tourism.