Govt to procure two LNG cargoes, 33m litres of edible oil, 50,000 tonnes of rice

The government approved on Thursday separate proposals for procuring some two cargoes of LNG, 3.30cr litres of edible oil, 50,000 tonnes of rice and 70,000 tonnes of fertilizer to meet the growing demand of the country.
The approvals came from the 15th meeting of the Advisers Council Committee on Government Purchase in this year held at the Cabinet Division Conference Room at Bangladesh Secretariat, reports BSS.
Finance Adviser Dr Salehuddin Ahmed presided over the meeting.
Following two separate proposals from the Energy and Mineral Resources Division, Petrobangla would procure one cargo LNG from the spot market through international quotation method from M/S Total Energies Gas and Power Limited, UK with around Tk 5.67 billion (567.85 crore) while the Petrobangla would import another cargo LNG from the spot market through international quotation method from M/S Gunvor Singapore Pte Limited, Singapore with around Tk 5.69 billion (569.29 crore).
In response to two separate proposals from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure 11 million (1.10 crore) litres of refined rice bran oil through local OTM method from Tamim Agro Industries Limited, Dhaka and Majumder Bran Oil Mills Limited, Jessore with around Tk 1.77 billion (177.10 crore) where per litre oil would cost Taka 161.
Besides, the TCB would procure 22 million (2.20 crore) litres of soybean oil through local OTM method from Sonargaon Seeds Crushing Mills Limited, Dhaka with around Tk 3.64 billion (364.87 crore) at a cost of Tk 165.85.