The Advisors’ Council Committee on Government Purchase (ACCGP) has approved several key proposals for the import of liquefied natural gas (LNG) and fertilizer to meet domestic demands.
In a meeting, chaired virtually by Finance Adviser Dr Salehuddin Ahmed, who is currently on a visit to the US, on Thursday, the committee gave the go-ahead to the proposals.
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 336,600 MMBtu at a cost of Tk657.61 crore, with each MMBtu priced at $13.94. The same company will provide a second cargo of the same volume, costing Tk640.15 crore, 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 tons of MOP fertilizer 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 Tk104.31 crore, at $289.75 per ton.
