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Govt to procure 1 cargo LNG, 70,000 tonnes fertiliser

TBP Online
03 Jul 2024 16:23:01 | Update: 03 Jul 2024 23:50:41
Govt to procure 1 cargo LNG, 70,000 tonnes fertiliser
— Representational Photo

The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved separate proposals for procuring one cargo LNG and 70,000 tonnes of fertiliser to meet the growing demands of the country.

The approval came from the 17th meeting of the CCGP this year held at the Cabinet Division Conference Room at Bangladesh Secretariat, reports BSS.

Briefing reporters after the meeting, Cabinet Division Secretary (coordination and reforms) Md Mahmudul Hossain Khan said a total of nine proposals were approved Wednesday.

He informed that following a proposal from the Energy and Mineral Resources Division, Petrobangla would procure one cargo LNG from M/S Excelerate Energy, LP, United States with around Tk 609.28 crore where per MMBtu LNG would cost $13.55.

Hossain said following two separate proposals from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure 40,000 tonnes of DAP fertiliser from MA'ADEN, Saudi Arabia under a state-level agreement with around Tk 246.85 crore where per tonne fertiliser would cost $523.

In another approved proposal, the BADC would import 30,000 tonnes of MOP fertiliser under a state-level agreement from JSC Foreign Economic Corporation, Prodintorg, Russia with around Tk 97.52 crore where per tonne of fertiliser would cost $275.50.

In response to another proposal from the Energy and Mineral Resources Division, the day's CCGP meeting approved the probable signing of a draft agreement between Sylhet Gas Fields Limited (SGFL) and Sinopec International Petroleum Service Corporation, China with around Tk 444.85 crore.

Apart from approving another proposal from the Road Transport and Highways Division, the meeting also gave approval to four cost variation proposals from different ministries.

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