Govt Plans to Buy One LNG Cargo and 70,000 MTs of Fertilizer

Industry: Agriculture & Livestock, Energy & Power, Fertilizer, LNG

The Cabinet Committee on Government Purchase (CCGP) approved several procurement proposals to meet Bangladesh’s growing demands. The Energy and Mineral Resources Division will procure one cargo of LNG from M/S Excelerate Energy, LP, USA, costing around Tk 6.09 billion, with LNG priced at $13.55 per MMBtu. The Ministry of Agriculture’s Bangladesh Agricultural Development Corporation (BADC) will buy 40,000 tonnes of DAP fertiliser from MA’ADEN, Saudi Arabia, for Tk 2.47 billion ($523 per tonne) and 30,000 tonnes of MOP fertiliser from JSC Foreign Economic Corporation, Prodintorg, Russia, for Tk 975.2 million ($275.50 per tonne). Additionally, a draft agreement between Sylhet Gas Fields Limited (SGFL) and Sinopec International Petroleum Service Corporation, China, was approved, involving around Tk 4.45 billion. The meeting also approved another proposal from the Road Transport and Highways Division and four cost variation proposals from different ministries.

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