Photo : Collected
Bangladesh will procure three cargoes of liquified natural gas (LNG) from Singapore and Qatar at a cost of Tk 1,350.24 crore.
The Cabinet Committee on Government Purchase (CCGP) approved the procurement proposals from the Energy and Mineral Resources Division on Wednesday during a meeting in the Cabinet Division conference room at Bangladesh Secretariat, Mahmudul Hossain, cabinet secretary (coordination and reforms), told journalists at a press briefing.
As per the proposals, two cargoes of LNG will be purchased from Gunvor Singapore Pte Ltd and one cargo LNG will be bought from QatarEnergy Trading LLC.
"The LNG cargoes are being imported from the spot market. Per cargo LNG from Gunvor will cost $452.41 crore or $10.46 per unit. On the other hand, LNG from QatarEnergy will cost $10.30 per unit or $445.40 crore per cargo," said Mahmudul.
A cargo holds a total of 33.60 lakh mmbtu of LNG. Earlier on 25 April, the CCGP approved the purchase of two cargoes of LNG from Singapore. Prior to that, on April 3, the committee approved the procurement of another three cargoes of LNG from Singapore and Switzerland.
Messenger/Fameema
