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Govt to procure 2.6 lakh tonnes fertiliser, 33.6 lakh MMBtu LNG

Staff Correspondent
23 Jan 2024 18:37:21 | Update: 23 Jan 2024 19:32:51
Govt to procure 2.6 lakh tonnes fertiliser, 33.6 lakh MMBtu LNG
— Representational Photo

The government on Tuesday approved separate proposals for procuring around 2.60 lakh tonnes of fertiliser and 33.60 lakh MMBtu LNG to meet the growing demand of the country.

The approvals came from the 1st meeting of the Cabinet Committee on Government Purchase (CCGP) this year held on Tuesday at Bangladesh Secretariat with Finance Minister Abul Hassan Mahmood Ali in the chair.

According to the Cabinet Division, the CCGP meeting approved a proposal from the Energy and Mineral Resources Division, under which Petrobangla would procure one cargo or 33.60 lakh MMBtu LNG from Total Energies Gas & Power Ltd Switzerland with around Tk 470.49 crore, where per MMBtu LNG would cost $10.88.

Following separate proposals from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) will procure 40,000 tonnes of DAP fertiliser from MA'ADEN, Saudi Arabia in the 1st lot under state-level agreement, for around Tk 259.16 crore where per ton fertiliser would cost $589.

The BADC will also procure 30,000 tonnes of TSP fertiliser from OCP, SA, Morocco in the 3rd lot under state-level agreement for around Tk 127.38 crore, where per tonne fertiliser would cost $386.

In another proposal, the BADC will purchase 40,000 metric tons of DAP fertiliser from OCP, SA, Morocco under the 3rd lot under state-level agreement for around Tk 240.90 crore, where per tonne fertiliser would cost $547.50.

The BADC will also import 30,000 tonnes of MOP fertiliser from JSC Foreign Economic Cooperation (Prodintorg), Russia under state-level agreement in the 4th lot for around Tk 99.70 crore, with per tonne fertiliser costing $302.10.

In separate proposals, Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries would procure 30,000 metric tons of bulk granular urea fertilizer from Muntajat, Qatar under state-level agreement under 10th lot with around Tk 103.43 crore where per tonne fertiliser would cost $313.42.

The BCIC will also procure 30,000 tonnes of bagged granular urea fertiliser from KAFCO, Bangladesh under the 13th lot for around Tk 104.49 crore, with per tonne fertiliser costing $316.62.

The BCIC will procure another consignment of 30,000 metric tons of bulk granular fertiliser from SABIC Agri-Nutrients Company, Saudi Arabia for around Taka 103.43 crore, where per tonne fertilizer would cost $313.42.

The BCIC will also purchase another consignment of 30,000 tonnes of bulk granular urea fertilizer from SABIC Agri-Nutrients Company, Saudi Arabia under state-level agreement in the 12th lot for around Tk 103.43 crore, where per tonne fertiliser would cost $313.42.

Following three separate proposals from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure 1.20 crore liters of rice bran oil from Majumdar Products Ltd; Majumdar Bran Oil Mills Ltd and Ali Natural Oil Mills & Agro Industries Ltd under the Direct Procurement Method (DPM) for around Tk 189.60 crore, with per litre oil costing Tk 158.

The TCB will procure 10,000 tonnes of lentil from Uma Expo Pvt Ltd, India with around Tk 96.14 crore where per kg lentil would cost Taka 101.13, while the TCB will procure another consignment of 10,000 tonnes of lentil from Roy Agro Food Products Ltd, Bogura; and Nabil Naba Foods Ltd, Dhaka for around Tk 105.45 crore, where per kg lentil would cost Tk 105.45.

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