Govt to procure LNG from Aramco Trading Singapore

The government approved on Wednesday in principle a proposal to procure liquefied natural gas (LNG) from Aramco Trading Singapore Pte Ltd on a short-term basis under a Government-to-Government (G2G) arrangement, reports UNB.
The decision was taken at a meeting of Advisers Council Committee on Economic Affairs at the Cabinet Division Conference Room in the Bangladesh Secretariat with Finance Adviser Dr Salehuddin Ahmed presiding.
The Energy and Mineral Resources Division placed the proposal, which seeks to process the short-term LNG procurement under Section 68 of the Public Procurement Act, 2006, and relevant provisions of the Public Procurement Rules, 2025.
The Committee approved three other proposals in principle covering key sectors including commerce, ICT, energy, and shipping. The proposals were submitted by the Ministry of Commerce, ICT Division, Energy and Mineral Resources Division, and the Ministry of Shipping, according to the Cabinet Division.
The Committee endorsed a proposal from the Ministry of Commerce for the release of motor vehicles over five years old which were previously purchased through auction.
It also recommended policy approval for establishing an E-Waste Management Plant at Kaliakoir Hi-Tech Park in Gazipur under a Public-Private Partnership (PPP) model, submitted by the ICT Division.