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Govt to procure 3 cargos LNG, 2.45 lakh MTs fertiliser

Business Desk :

The government on Monday approved separate proposals for procuring three cargos of LNG, 2.45 lakh metric tons of fertiliser and 15,000 metric tons of rock sulphur to meet the growing demand of the country.

The approvals came from the 32nd meeting of the Advisers Council Committee on Government Purchase this year held today at the Cabinet Division Conference Room at Bangladesh Secretariat today with Finance Adviser Dr Salehuddin Ahmed in the chair, reports BSS.

Briefing reporters after the meeting, the Finance Adviser said that there was a pressure on the government to raise the price of energy like gas in every month or two, but the interim government did not hike the price following various calculations by the Energy and Mineral Resources Division. “It’s a good thing,”

“Our aim is to ensure necessary supply of LNG so that no such pressure is created on us to raise the energy price as such rise can impact the consumers as well as the industries,” he added.
The Finance Adviser said they are focusing on enhancing the supply side of LNG side by side reducing pressure on the government. “But, it’s hard to predict what will happen in the future.”
He informed that the government was purchasing LNG at a comparatively reasonable price.

Following three separate proposals from the Energy and Mineral Resources Division, Petrobangla would procure one cargo LNG from M/S Total Energies Gas and Power Limited, United Kingdom with around TK 480.68 crore (per MMBtu LNG costing $11.44); one cargo LNG from M/S Total Energies Gas and Power Limited, United Kingdom with around TK 476.47 crore (per MMBtu LNG costing $11.34) and another cargo LNG also from M/S Total Energies Gas and Power Limited, United Kingdom with around Taka 484.88 crore (per MMBtu LNG costing $11.54) all following international quotation method.
Besides, following separate proposals from the Ministry of Industries and Agriculture, the government would procure 30,000 metric tons of bagged granular urea fertiliser from KAFCO, Bangladesh with around TK 169.69 crore, some 35,000 metric tons of MOP fertiliser from JSC “Foreign Economic Corporation (Prodintorg)” with around TK 154.90 crore, some 40,000 metric tons of DAP fertiliser from OCP, NUTRICROPS, Morocco with around TK 384.45 crore, 30,000 metric tons of TSP fertiliser from OCP, NUTRICROPS, Morocco with around TK 215.39 crore, 30,000 metric tons of TSP fertiliser also from OCP, NUTRICROPS, Morocco with around TK 215.04 crore, 40,000 metric tons of MOP fertiliser from Canadian Commercial Corporation (CCC) with around TK 177.32 crore and another consignment of 40,000 metric tons of MOP fertiliser from Canadian Commercial Corporation (CCC) with around TK 177.03 crore.

Apart from these, the government would procure 15,000 metric tons of rock sulphur/bright yellow sulphur/bright yellow sulphur crude from various sources with around TK 71.42 crore.