• Friday, Dec 03, 2021
  • Last Update : 09:42 pm

Govt to procure 67.20 lakh MMBtu LNG, 100,000 MT wheat

  • Published at 07:53 pm October 6th, 2021
LNG
Undated photo shows a top view of Moheshkhali Floating LNG Terminal in the Bay of Bengal Collected

Meeting approved a proposal for setting up Narsingdi District Jail

The government will procure some 6.72 million MMBtu LNG, 100,000 tons of wheat and 60,000 tons of fertilizer to meet the growing demand in the country.

Proposals for the procurements were approved at the 34th meeting of the Cabinet Committee on Government Purchase (CCGP) this year held today virtually with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters virtually after the meeting, the finance minister said that the day's CCGP meeting approved a total of seven proposals. He said the price of LNG in the international market is rising every now and then for which the government has decided to procure such a volume of LNG which would meet the country's demand up to December this year.

Kamal said since the price of LNG in the international market is witnessing an uptrend, so the government has decided to buy 6.72 million MMBtu LNG to meet the required demand up to December.

Joining the briefing virtually after the meeting, Cabinet Division Additional Secretary Md Shamsul Arefin said that Petrobangla under the Energy and Mineral Resources Division would procure 3.360 million MMBtu LNG from M/S Vitol Asia Pte Ltd, Singapore at a cost of around Tk 1,205.73 crore where the price for per unit MMBtu LNG would be $35.8932. 

Besides, Arefin said, Petrobangla would procure another 33.60 lakh MMBtu LNG from Gunvor Singapore Pte Ltd, Singapore at a cost of around Tk 1,241.23 crore where the price for per MMBtu LNG would be $36.9506. 

He said that the Directorate General of Food under the Ministry of Food would procure 100,000   tons of wheat from Russian Federation on a G to G basis at a cost of around Tk57.62 crore where the price for per ton wheat would be $419.

The day's CCGP meeting approved a proposal from the Ministry of Fisheries and Livestock for awarding the contract to the joint venture of Agriculture and Finance Consultant, Germany and Services and Solutions International Ltd, Bangladesh as the consultants with Tk 8.25 crore for the Agro Business Planning, Technologies and Marketing Advance and Implementation Support works under the project for the development of livestock and fisheries.

Besides, the CCGP meeting on Wednesday gave a nod to two separate proposals from the Ministry of Industries under which the Bangladesh Chemical Industries Corporation (BCIC) would procure 30,000 tons of bulk granular urea fertilizer from Fertiglobe Distribution Limited, UAE under state-level agreement with around Tk127.67 crore.

In another proposal, the BCIC would procure 30,000 tons of bagged prield urea fertilizer from Muntajat, Qatar also under state-level agreement at a cost of around Tk129.85 crore.

Apart from these, the meeting approved a proposal from the Ministry of Housing and Public Works for awarding the contract of Lot No-1(B) to Noorani Construction Limited for setting up Narsingdi District Jail with around Tk69.83 crore. 

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