The government will import a cargo of liquefied natural gas (LNG) from Singapore and approved a proposal of the state-owned Trading Corporation of Bangladesh (TCB) to import 6000 tons of lentils from a local supplier through open tender.
The Cabinet Committee on Government Purchase (CCGP) in a meeting on Tuesday approved a proposal of state-owned Petrobangla to import the LNG from Singapore's Gunvor Private Limited at Tk601.64 crore.
Finance Minister Abul Hassan Mahmood Ali presided over the meeting.
The LNG will be imported under the Rapid Increase in Supply of Electricity and Energy (Special Provisions) Act, 2010 as per the Master Sale and Purchase Agreement (MSPA) from the international spot Market.
The cost of LNG per MMBTU will be $12.9697 which was earlier $10.3000.
Roy Agro Food Products will supply the bulk lentils for Tk60.47 crore with each kg at Tk 100.79.
