Govt to procure 2 cargos LNG costing Tk 1201 crore

The government approved two separate proposals for procuring two cargos LNG to meet the growing demand for the country at the cost of Tk 1201.41 crore.

The approval came from the 14th meeting of the Advisers Council Committee on Government Purchase in this year held on Tuesday (April 8) at the Cabinet Division Conference Room at Bangladesh Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair.

In response to two separate proposals from the Energy and Mineral Resources Division, the government would procure one cargo LNG from M/S Vitol Asia Pte Limited, Singapore from the spot market through an international quotation method with around Tk 593.75 crore while the government would procure another consignment of one cargo LNG from the spot market from M/S Total Energies Gas and Power Limited, United Kingdom with around Tk 607.66 crore.