Govt to procure 1 cargo LNG, 11m liters rice bran oil

The government on Tuesday approved separate proposals for procuring one cargo LNG and 11 million liters of refined rice bran oil to meet the growing demand of the country.

The approval came from the 19th meeting of the Advisers Council Committee on Government Purchase held on Tuesday at Bangladesh Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair.

Following a proposal from the Energy and Mineral Resources Division, Petrobangla would procure one cargo LNG from the spot market from M/S Gunvor Singapore, PTE Ltd, Singapore through international quotation method with around Tk 5.84 billion.

In response to another proposal from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure 11 million liters of refined rice bran oil through local Open Tender Method (OTM) from Majumder Products Limited, Dhaka, Tamim Agro Industries Ltd Dhaka, Prodhan Oil Mills Ltd Gaibandha and Green Oil and Poultry Feed Industries, Dhaka with around Tk 1.77 billion with per liter oil costing Tk 161.

The day’s purchase committee meeting also approved six separate procurement proposals under the Ministry of Water Resources on the project titled “Climate Smart Agriculture and Water Management (CSAWM) Project (BWDB) part”.