Govt to procure soybean oil, lentil, LNG and fertiliser to meet domestic needs

The government will procure soybean oil, lentil, LNG and fertiliser to meet the domestic requirements.     

The Advisors Council Committee on Government Purchase, in a meeting with Finance Advisor Dr Salehuddin Ahmed in the chair, approved a number of proposals from different ministries in this regard on Wednesday, UNB reports. 

As per the proposals, moved by the Commerce Ministry, its subordinate body the Trading Corporation of Bangladesh (TCB) will procure 110,000 litres of soybean oil through local open tender for its open market sale.

The City Edible Oil Limited won the contract to supply the bulk oil at a cost of Tk 189.47 crore, with per liter at Tk 172.25.

The TCB will also procure 10,000 metric tons (MT) of lentil through the local open market. Local firm Sheikh Agro Food Industries will supply the product (50 kg bag) at a cost of Tk 95.40 crore, with per kg at Tk 95.40.        

The Food Directorate will import 50,000 MT of non-Basmati boiled rice through international tender.

Bagadiya Brothers Private Limited of India has been selected to supply the bulk rice at a cost of TK 274 crore, with each MT at $456.67.   

State-owned Petrobangla will import two cargoes of LNG from the international spot market through international quotation.

Switzerland-based TotalEnergies Gas and Power Ltd will supply the first cargo at Tk 672.23 crore with each MMBtu at $14.25 while it will supply the second cargo at Tk 654.30 crore, with each MMBtu at 13.87.

Under separate state-level contracts the Bangladesh Chemical Industries Corporation (BCIC) under the Industries Ministry will produce 90,000 MT of urea fertiliser. Kafco of Bangladesh, Qatar Energy Marketing and Subic Agri-Nutrients Company of Saudi Arabia will each supply 30,000 MT of fertilisers.

Bangladesh Agriculture Development Corporation under the Ministry of Agriculture will import 30,000 TSP fertiliser from OCP Nutricrops SA of Morocco.