Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
The government will buy refined fuel oil from eight state-owned enterprises of six countries under the government-to-government (G2G) long-term deals at a cost of Tk 164.84 billion during the July-December period.
In this regard, the Cabinet Committee on Government Purchase (CCGP) approved a proposal at a meeting on Thursday.
Finance Minister Abul Hassan Mahmood Ali chaired the meeting held at the cabinet division conference room at the Secretariat.
After the meeting, Cabinet Division Secretary (coordination and reforms) Mahmudul Hossain Khan briefed newsmen.
He said the fuel oil will be bought from Oman Oiltanking (OOT) Sohar in Oman, PETCO Trading Labuan Company Ltd (PTLCL) in Malaysia, PTT Public Company Limited in Thailand, Emirates National Oil Company (ENOC) in the United Arab Emirates, PetroChina Co Ltd (PetroChina) in China, China International United Petroleum and Chemical Co Ltd (UNIPEC), BSP in Indonesia, and Indian Oil Corporation Limited in Malaysia.
The meeting also approved the procurement of 30,000 tonnes of diesel from Numaligarh Refinery Ltd, India at a price of Tk 2.736 billion during the July-December period of this year.
Moreover, the meeting approved the purchase of one cargo liquefied natural gas (LNG) from M/S Total Energies Gas and Power Ltd, Switzerland by spending Tk 5.835 billion where each Metric Million British Thermal Unit (MMBtu) of gas will cost US$12.58.
Also, the meeting approved the import of 80,000 tonnes of MOP fertiliser from Canadian Commercial Corporation, Canada in two separate lots. The Bangladesh Agricultural Development Corporation (BADC) will buy each lot of 40,000 tonnes of fertiliser at a price of Tk 1.30 billion where per tonne of fertiliser will cost $275.50.