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Govt to purchase refined fuel oil, 1 cargo LNG

TBP Online
11 Jul 2024 19:09:10 | Update: 12 Jul 2024 00:10:56
Govt to purchase refined fuel oil, 1 cargo LNG
- Representational Photo

The government on Thursday approved a proposal for procuring refined fuel oil from state-owned enterprises of various countries under G to G basis for the second half (July-December) period of 2024 with around Tk 16,484.45 crore as per the premium and reference price.

Besides, the government also approved separate proposals for procuring 30,000 tonnes of diesel and 80,000 tonnes of fertiliser.

The approvals came from the 18th meeting of the Cabinet Committee on Government Purchase (CCGP) this year held on Thursday at the Cabinet Division conference room with Finance Minister Abul Hassan Mahmood Ali in the chair, reports BSS.

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

He said following a proposal from the Energy and Mineral Resources Division, refined fuel oil would be procured from Oman Oil tanking (OOT) Sohar in Oman, PETCO Trading Labuan Company Ltd (PTLCL) in Malaysia, PTT Public Company Limited in Thailand, Emirates National Oil Company (ENOC) in the United Arab Emirates, PetroChina Co Ltd (PetroChina) in China, BSP in Indonesia, China International United Petroleum and Chemical Co Ltd (UNIPEC) and Indian Oil Corporation Limited in Malaysia.

In response to another proposal from the Energy and Mineral Resources Division, some 30,000 tonnes of diesel would be procured from Numaligarh Refinery Ltd, India for the July-December period with around Tk 273.67 crore.

Mahmudul said the government will procure one cargo LNG from M/S Total Energies Gas and Power Ltd, Switzerland as the 23rd consignment of 2024 with around Tk 583.56 crore where per MMBtu LNG would cost $12.58.

Following two separate proposals from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) would procure 40,000 tonnes of MOP fertiliser from Canadian Commercial Corporation, Canada under the third lot under state-level agreement with around Tk 130.04 crore where per tonne fertiliser would cost $275.50.

Besides, the BADC would procure another consignment of 40,000 tonnes of MOP fertiliser from Canadian Commercial Corporation, Canada under the fourth lot under state-level agreement with around Tk 130.04 crore where per tonne fertiliser would cost the same $275.50.

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