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Govt approves purchase of two LNG cargoes

Govt approves purchase of two LNG cargoes
LNG cargo. Photo: BSS
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The government on Monday approved the purchase of two LNG cargoes from BP Singapore Pte Ltd at a combined cost of over Tk1,850 crore, including advance income tax, to help maintain an uninterrupted gas supply.

The decision was taken at a meeting of the Cabinet Committee on Government Purchase (CCGP) held at Bangladesh Secretariat today with Finance Minister Amir Khosru Mahmud Chowdhury in the chair.

The purchase proposal was placed by the Energy and Mineral Resources Division under the international Request for Quotation (RFQ) process in accordance with Rule 105(3) (a) of the Public Procurement Rules (PPR), 2025.

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According to the proposal, one cargo for delivery on 23-24 August was recommended for purchase from BP Singapore at $21.878 per million British thermal units (MMBtu), costing Tk927,50,60,833.92 including AIT.

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Another cargo for delivery on 4-5 Sept was recommended from the same supplier at $21.778 per MMBtu, costing Tk923,26,66,369.92 including AIT.

The total cost of the two cargoes stands at around Tk1,850.77 crore.

The proposal was considered by the Cabinet Committee on Government Purchase, with the LNG procurement being placed under the applicable provisions of the
PPR 2025.

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