No Result
View All Result
INDUSTRY INSIDER
About Us
  • Industry
  • Business
  • Tech
  • Bangladesh
  • World
  • Feature
  • R&D
  • Opinion
  • Magazine
  • More
Friday, May 16, 2025
  • Industry
  • Business
  • Tech
  • Bangladesh
  • World
  • Feature
  • R&D
  • Opinion
  • Magazine
  • More
No Result
View All Result
INDUSTRY INSIDER
No Result
View All Result
Home News

Govt approves LNG and fertilizer imports from spot market

Bangladesh seeks two more spot LNG cargoes for March
by Insider Desk
May 8, 2025

The government has approved the purchase of two liquefied natural gas (LNG) cargoes and 25,000 metric tonnes of fertilizer to address increasing domestic demand.

The decisions were made during the 18th meeting of the Advisers Council Committee on Government Purchase (ACCGP), held on Wednesday at the Cabinet Division in Dhaka.

Finance Adviser Dr Salehuddin Ahmed chaired the meeting, which approved a total of 10 procurement proposals, according to a report from the state news agency BSS.

Under proposals from the Energy and Mineral Resources Division, state-run Petrobangla will procure two LNG cargoes from Singapore-based M/S Vitol Asia Pte Ltd. Both purchases will be made from the spot market through international quotations. The first shipment will cost approximately Tk 5.49 billion, while the second is estimated at Tk 5.55 billion.

Separately, the Bangladesh Agricultural Development Corporation (BADC) will import 25,000 metric tonnes of triple super phosphate (TSP) fertilizer from Tunisia’s Groupe Chimique Tunisien (GCT). The procurement, under a government-to-government agreement, is expected to cost around Tk 1.57 billion, with the per-ton price set at $513.75.

Officials said the imports are part of ongoing efforts to ensure energy security and meet agricultural input requirements ahead of the upcoming cultivation season.

Previous Post

European telecoms urge EU to free up 6GHz band for 6G deployment

Next Post

Battery swapping industry emerges with immense potential

Related Posts

China offers $10bn in yuan credit to Latin America

by Insider Desk
| May 14, 2025

BEPZA attracts $480m investment, inks new deal with Chinese firm

by Insider Desk
| May 14, 2025

$3bn in loan support expected by June

by Insider Desk
| May 14, 2025

Curbing inefficiency, boosting tax reforms behind dissolving NBR

by Insider Desk
| May 14, 2025

BRAC Bank posts 47% profit surge in Q1 FY2025

by Insider Desk
| May 14, 2025

Country moves to market-based dollar rate

by Insider Desk
| May 14, 2025

Next Post
Battery swapping industry emerges with immense potential

Battery swapping industry emerges with immense potential

You May Also Like


China offers $10bn in yuan credit to Latin America
News

China offers $10bn in yuan credit to Latin America

by Insider Desk
May 14, 2025
0

China will extend nearly $10bn in credit to Latin American and Caribbean nations, President Xi Jinping announced Tuesday, with all...

Read more
$5.36 million manufacturing facility for bags and wallets in Mirsharai economic zone

BEPZA attracts $480m investment, inks new deal with Chinese firm

May 14, 2025
Bangladesh commercial banks experience decline in forex holdings

$3bn in loan support expected by June

May 14, 2025
NBR bank

Curbing inefficiency, boosting tax reforms behind dissolving NBR

May 14, 2025
BRAC Bank

BRAC Bank posts 47% profit surge in Q1 FY2025

May 14, 2025
Home
Industry
Business
Tech
Bangladesh
World
Feature
R&D
Videos
Magazine
About Us Subscribe
Terms & Conditions
Privacy Policy
Refund Policy
Cancellation Policy
Industry Insider is published by Tareq Ahmed Robin, Sayem Sharif, Md Mahfuz Ul Islam and Mohammad Saiful Islam. It is a quarterly magazine, comes from House B-114, Level – 03, Road – 07, DOHS, Mohakhali, Dhaka – 1206
Reach Out: [email protected]
© 2023 – All rights reserved with Industry Insider | Developed By YSI Bangla Limited  Follow us on our socials:
© 2023 – All rights reserved with Industry Insider | Developed By   Follow us on our socials:

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • All News
  • Industry
  • Business
  • Tech
  • Bangladesh
  • World
  • Feature
  • R&D
  • Opinion
  • More
  • About Us
  • E-Magazine
  • Videos
  • Subscribe