Govt to procure 2 cargos LNG, 30,000 MTs of fertilizer

The government today approved separate proposals for procuring two cargos of LNG and 30,000 metric tons of MOP fertilizer to meet the country’s growing demand.

The approvals came from the 9th meeting of the Advisers’ Council Committee meeting on Government Procurement in this year held today virtually with Finance Adviser Dr Salehuddin Ahmed in the chair.

Cabinet Division officials said that following two separate proposals from the Energy and Mineral Resources Division, Petrobangla would procure one cargo LNG from the spot market from M/S Total Energies Gas and Power Limited, Switzerland through international quotation process with around Taka 657.61 crore with per MMBtu LNG costing $13.94.

In another proposal, the Petrobangla would procure one cargo LNG under DPM method from M/S Total Energies Gas and Power Limited, Switzerland with around Taka 640.15 crore where per MMBtu LNG would cost $13.57.

Besides, the Bangladesh Agricultural Development Corporation (BADC) under the Ministry of Agriculture would procure 30,000 metric tons of MOP fertilizer under state-level agreement from JSC Foreign Economic Corporation “Prodintorg” with around Taka 104.31 crore where per ton fertilizer would cost $289.75. (BSS)