Cabinet committee approved several proposals including LNG import of 33.60 lakh MMBTUs from the spot market

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The cabinet committee on purchase approved several proposals in a meeting chaired by Finance Minister AHM Mustafa Kamal on 7th April (Wednesday).

The government sanctioned a proposal to import 33.60 lakh MMBTUs (million British thermal units) of liquefied natural gas (LNG) from the spot market spending Tk243.30 crore.

Besides, the meeting approved the proposal of the Energy and Mineral Resources Division to purchase the LNG from AOT Trading AG, Switzerland. Each MMBTU will cost $7.2855.

Petrobangla officials stated two more LNG purchase proposals have also been sent to the cabinet committee for approval.        

Besides, the cabinet committee gave consent to six more purchase proposals at a cost of Tk1,512 crore. Out of these, three proposals were from the Road Transport and Highways Division, one each from the Bridges Division and Ministry of Food.

Shahida Akhter, additional secretary of the Cabinet Division, said that Técnica Y Proyectos SA Spain, Japan’s Nippon Koei Co, South Korea’s DOHWA Engineering Co Ltd have been appointed as consultants to conducting feasibility study and prepare master plan for bridges on Shariatpur-Chandpur road and Gazaria-Munshiganj road. It will cost Tk243 crore.

She said the committee also approved Road Transport and Highways Division’s Ashuganj Port to Akhaura Land Port highway up-gradation to four lanes. India’s Afcons Infrastructure Limited will do the construction and maintenance at Tk788 crore.

Other than these, it was decided in the meeting that India will export to Bangladesh 50,000 tonnes of non-basmati parboiled rice at Tk174.66 crore.  

Source:

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