The government’s advisory committee on public purchase has approved importing two liquefied natural gas (LNG) from the spot market to meet the country’s growing energy demand.
According to meeting minutes released today, the imports will be supplied by Singapore-based MS Gunvor Singapore Pte at rates of $13.57 and $13.77 per million British thermal units (MMBtu).
The first LNG consignment will cost approximately Tk 640.15 crore, while the second will amount to Tk 6.49 billion. The decision followed the submission of quotations from companies that have signed Master Sale and Purchase Agreements with Petrobangla, which was in line with the Public Procurement Rules 2008.
In addition to LNG, the committee approved the purchase of 60,000 tonnes of urea fertilizer, 30,000 tonnes of triple super phosphate (TSP), and 40,000 tonnes of di-ammonium phosphate (DAP) fertilizer to support the agricultural sector.
Saudi Arabia’s SABIC Agri-nutrients Company will supply 30,000 tonnes of urea at $346.33 per tonne. The remaining 30,000 tonnes will be sourced from Bangladesh’s Karnaphuli Fertiliser Company Limited (KAFCO) at $335.5 per tonne. Morocco’s OCP SA will supply TSP fertilizer at $415 per tonne, and Saudi Arabia’s MA’ADEN will provide the DAP consignment at $581 per tonne.
