The Advisors' Council Committee on Government Purchase (ACCGP) has approved several key proposals for the import of liquefied natural gas (LNG) and fertiliser to meet domestic demands.
In a meeting held on Thursday, chaired virtually by Finance Adviser Dr. Salehuddin Ahmed, who is currently on a visit to the USA, the committee gave the go-ahead to the proposals, reports UNB.
The Energy and Mineral Resources Division submitted two proposals on behalf of state-owned Petrobangla for the procurement of two LNG cargoes from the international spot market under the Public Procurement Rules 2008.
TotalEnergies Gas & Power Ltd., Switzerland, will supply one LNG cargo containing 3.37 million MMBtu at a cost of Tk 6.58 billion, with each MMBtu priced at $13.94. The same company will provide a second cargo of the same volume, costing Tk 6.40 billion, with each MMBtu priced slightly lower at $13.57.
In addition, the ACCGP approved a proposal from the Ministry of Agriculture to import 30,000 tonnes of MOP fertiliser from Russia. The state-owned Bangladesh Agriculture Development Corporation (BADC) will handle the import from Russia's JSC Foreign Economic Corporation Prodintorg, with the total cost amounting to Tk 1.04 billion, at $289.75 per tonne.
Govt approves fertiliser, LNG, import proposals
FE Team | Published: October 25, 2024 00:31:26
Govt approves fertiliser, LNG, import proposals
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