Govt to import two cargoes of LNG from spot market
Business Desk :
The government will import two cargoes of Liquefied Natural Gas (LNG) from the international spot market.
The Cabinet Committee on Government Purchase has approved two separate proposals of state-owned Petrobangla, placed by the Energy and Mineral Resources Division.
Both the proposals were approved as unsolicited offers on the basis of Speedy Increase of Power and Energy Supply Act (Amendment) 2021, reports UNB.
Finance Minister AHM Mustafa Kamal presided over the virtual meeting on Thursday, which also approved three other proposals.
As per the first proposal, the Petrobangla will import one cargo containing 3.36 million MMBtu LNG) from TotalEnergies Gas & Power Ltd., Switzerland, at a total cost of Tk 5.95 billion (595.45 crore) with each unit of LNG at $13.77.
The other LNG cargo containing the same quantity will be imported by Petrobangla from Vitol Asia Pte Ltd, Singapore, at a cost of Tk 6.74 billion (674.35 crore) with each unit at $14.90.
The CCGP also approved two proposals of the Agriculture Ministry for the import of fertiliser.
As per the proposals, under the state-level agreement, Bangladesh Agriculture Development Corporation (BADC) will import 30,000 tonnes (MTs) of SP fertiliser from OCP of Morocco at a cost of Tk 1.29 billion (129.10 crore).
Under the state-level agreement, the BADC will import 40,000 MT of DAP fertiliser from Ma’aden of Saudi Arabia at a cost of Tk 2.37 billion (237.61 crore).
The CCGP approved a proposal of the Roads and Highways Department to appoint the Joint Venture of (1) Dohwa, Korea; (2) SMEC International Pt. Ltd. Australia; (3) Pan Arab Consulting Engineers, Kuwait; (4) SARM Associates Ltd, Bangladesh and (5) ACE Consult, as a consultant for “Construction of Nalua-Baherchar Bridge over Pandav-Payra River on Barisal (Dinerarpul)-Lakshipasha-Dumki Road” project at a cost of Tk 727.39 million (72.74 crore).
