Petrobangla to import LNG worth Tk 6.57 billion from Singapore

State-owned Petrobangla (Bangladesh Oil, Gas and Mineral Corporation) will import a cargo, containing 3.37 million MMBtu of liquefied natural gas (LNG) from the international spot market at a total cost of Tk 6.57 billion.

Gunvor Singapore Pte Ltd will supply the amount of LNG and per MMBtu price will be $13.93, according to UNB.

Advisers Council Committee on Government Purchase (ACCGB) approved a proposal for the purchase during a meeting on Wednesday with Finance Adviser Dr Salehuddin Ahmed in the chair.

The ACCGB also approved four other proposals, including imports of lentils, and fertiliser.

The committee also approved a proposal of the Trading Corporation of Bangladesh (TCB) to procure 10,000 metric tons (MT) of lentil from Payel Traders of Chottagram at a cost of Tk 963.9 million.

The supplier was selected through an open tender.

A proposal of Bangladesh Agriculture Development Corporation (BADC) received approval of the committee to import 30,000 MT of TSP fertiliser from OCP SA of Morocco at a cost of Tk 1.49 billion with each MT at $415.

The Ministry of Agriculture moved the proposal to import the bulk fertiliser under a state-level contract.

Two proposals of Bangladesh Chemical Industries Corporation (BCIC), moved by Industries Ministry received the nod of the ACCGB to import urea fertiliser.

Under the proposals, the BCIC will import 30,000 MT of bulk granular urea fertiliser from SABIC Agri-nutrients Company of Saudi Arabia at a cost of Tk 1.28 billion with each MT at $356.17.