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Govt to procure 33.60lakh MMBtu LNG

CCGP approves proposals to procure 1.1cr litres soybean oil, 8,000 tonnes lentil
BSS . Dhaka
15 Feb 2023 16:42:54 | Update: 15 Feb 2023 19:10:00
Govt to procure 33.60lakh MMBtu LNG
— Representational Image

The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved separate proposals for procuring one cargo or 33.60 lakh MMBtu liquefied natural gas (LNG), 1.10 crore litres of soybean oil and 8,000 tonnes of lentil to meet the growing demand.

These approvals came from the 6th meeting of the CCGP in this year held on Wednesday virtually with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting virtually, Cabinet Division Additional Secretary Sayeed Mahbub Khan informed them that the day’s CCGP meeting approved a total of six proposals.

Following a proposal from the Energy and Mineral Resources Division, Petrobangla would procure one cargo or 33.60 lakh MMBtu LNG from the spot market, which would cost around Tk 690.42 crore, whereas per MMBtu LNG would cost $16.5, he said.

Japanese company M/S Jera Company Inc, which is among the signatories of the Master Sale and Purchase Agreement, would supply this LNG.

Following separate proposals from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure some 1.10 crore litres of soybean oil from City Edible Oil Ltd, which would cost around Tk 191.96 crore.

Per litre oil would cost Tk 174.5, against the previous per litre price of Tk 176.88.

Mahbub said the TCB would also procure around 8,000 tonnes of lentil from a Turkish company, which will cost around Tk 73.44 crore, where per tonne lentil would cost $158.

Besides, the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries would procure some 20,000 tonnes of phosphoric acid for DAP Fertiliser Company Ltd, Chattogram, which would cost around Tk 119.50 crore.

M/S Sun International FZE, UAE would supply this consignment, with per ton costing $559.5, down from the previous price of $688.5.

The BCIC would also procure some 25,000 tonnes of rock phosphate for the TSP Complex Limited, Chattogram with around Tk 88.06 crore.

M/S Agro Industrial Input, Dhaka would supply this quantity of rock phosphate, where per tonne would cost $329.85, down from the previous price of $334.

Apart from these, the Cabinet Division additional secretary informed that the work on constructing a 730-metre-long bridge over River Khoirabad under Nalchity upazila in Jhalokati district has been awarded to the joint venture of MM Builders Engineers Ltd and M/S Podder Enterprise with around Tk 123.09 crore.

The bridge will be constructed under the project for constructing important bridges on rural roads.

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