Govt to procure one cargo LNG, costing Tk 787.99 crore

The government approved a proposal for procuring some one cargo LNG to meet the growing demands of the country.

The approval came from the 9th meeting of the Advisers Council Committee on Government Purchase in this year held on Tuesday at the Cabinet Division Conference Room at Bangladesh Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair.

Following the proposal from the Energy and Mineral Resources Division, the Petrobangla would procure one cargo LNG from M/S Total Energies Gas and Power Limited, London, Meyrin-Geneva Branch, Switzerland from the spot market under DPM method with around Tk 787.99 crore where per MMBtu LNG would cost $16.43.