United News of Bangladesh

The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved the procurement of two liquefied natural gas (LNG) cargoes from the spot market at a total cost of Tk 1,437.55 crore to help meet the country’s energy demand. The approval came at a meeting of the CCGP chaired by Finance Minister Amir Khosru Mahmud Chowdhury. The proposal was placed by the Energy and Mineral Resources Division under Rule 105(3)(a) of the Public Procurement Rules, 2025, through the international quotation method. Under the proposal, one LNG cargo will be procured from BP Singapore Pte Ltd, while another from TotalEnergies Gas & Power Ltd, UK.

The government on Tuesday approved a proposal for procuring five LNG cargoes this year on G2G basis to meet the country’s rising energy demand. The approval came from a meeting of the Advisers Council Committee on Government Purchase held with Finance Adviser Dr Salehuddin Ahmed in the chair at the Cabinet Division Conference Room at the Secretariat. Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan briefed reporters after the meeting. Petrobangla will procure LNG directly from Aramco Trading Singapore Pte Ltd under a government-to-government arrangement. The price has been fixed at JKM plus US$ 0.145 per MMBTU. Read More: Advisory Council Committee recommends deal with Swiss company for LNG supply Officials said that the LNG imports will help ensure uninterrupted gas supply for power generation and industrial use.