Govt to procure 33.60 lakh MMBtu LNG to meet growing demand | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Friday
June 02, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
FRIDAY, JUNE 02, 2023
Govt to procure 33.60 lakh MMBtu LNG to meet growing demand

Economy

BSS
23 March, 2023, 05:45 pm
Last modified: 23 March, 2023, 09:42 pm

Related News

  • Deal signed with Qatar to get additional 1.5 MTPA of LNG for next 15 years
  • QatarEnergy to sign long-term LNG supply deal with Bangladesh
  • Poorer nations snap up cheap LNG in push to boost economies
  • Qatar's Amir promises larger supply of LNG to Bangladesh
  • 'Disaster-prone Chattogram cannot be fully dependent on LNG'

Govt to procure 33.60 lakh MMBtu LNG to meet growing demand

BSS
23 March, 2023, 05:45 pm
Last modified: 23 March, 2023, 09:42 pm
Representational image
Representational image

The Cabinet Committee on Government Purchase yesterday approved separate proposals for procuring 33.60 lakh MMBtu LNG and 70,000 tonnes of fertiliser to meet the growing demand.

The approvals came from the 11th meeting of the cabinet committee held on Thursday virtually with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting virtually, Cabinet Division Additional Secretary Sayeed Mahbub Khan said that a total of seven proposals were approved in the meeting yesterday.

He said that following a proposal from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure some 40,000 tonnes of DAP fertiliser from OCP, SA, Morocco under state-level agreement with around Tk262.13 crore where per tonne fertiliser would cost $610 against the previous price of $710.

Mahbub said that in response to another proposal from the Ministry of Industries, Bangladesh Chemical Industries Corporation (BCIC) would procure some 30,000 tonnes of bagged granular fertiliser under the 14th lot from KAFCO, Bangladesh with around Tk105.43 crore with per tonne fertiliser costing $327.62 down from the previous price of $330.62.

He said that the CCGP meeting approved a proposal from the Energy and Mineral Resources Division under which the Petrobangla would procure some 33.60 lakh MMBtu LNG from M/S Excelerate Energy LP, United States with around Tk578.65 crore with per MMBtu LNG costing $13.69 against the previous price of $14.66.

The cabinet division additional secretary said that the state-run Trading Corporation of Bangladesh (TCB) under the Ministry of Commerce would procure some 8,000 tonnes of lentil from Uma Expo Pvt Ltd India (local agent: Future Infrastructure Development Ltd Dhaka) with around Tk72.91 crore with per KG lentil costing Tk91.14.

He informed that following a proposal from the Internal Resources Division (IRD), the National Board of Revenue (NBR) would procure the Software Solution and Automated Risk Management System software from Webb Fontaine Group, Fz-LLC, Dubai, the UAE with around Tk217.99 crore.

Besides, Mahbub said that the CCGP meeting decided to appoint the joint venture of SMEC, Australia, OCG, Japan, Dohwa Engineering Company Korea, ACE, Bangladesh and DDC, Bangladesh as the consultants for the "Technical Assistance for Road Transport Connectivity Improvement Project Preparatory Facility" with around Tk44.42 crore under the Road Transport and Highways Division.

The meeting also approved a cost variation proposal from the Road Transport and Highways Division.
 

Top News

LNG

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • A shopper passes oranges on sale inside a supermarket in Accra, Ghana. Photographer: Ernest Ankomah/Bloomberg
    Global food costs at 2-year low but grocery bills stay high
  • Budget made on unrealistic assumptions, targets are illusory: CPD
    Budget made on unrealistic assumptions, targets are illusory: CPD
  • Representational image. Photo: MumitM/TBS
    India agrees to power transmission from Nepal to Bangladesh through its territory

MOST VIEWED

  • Govt to avoid being guarantor of loans to reduce risk
    Govt to avoid being guarantor of loans to reduce risk
  • Grameen Uniqlo closes ahead of schedule
    Grameen Uniqlo closes ahead of schedule
  • Photo: Unsplash
    Budget 2023-24: E-cigarettes to be costlier by June
  • Surcharge on the rich to be eased
    Surcharge on the rich to be eased
  • As shipping cos build warehouses in Ctg ICDs, exports to get faster, safer
    As shipping cos build warehouses in Ctg ICDs, exports to get faster, safer
  • Govt's domestic debt up by Tk65,000cr in FY23
    Govt's domestic debt up by Tk65,000cr in FY23

Related News

  • Deal signed with Qatar to get additional 1.5 MTPA of LNG for next 15 years
  • QatarEnergy to sign long-term LNG supply deal with Bangladesh
  • Poorer nations snap up cheap LNG in push to boost economies
  • Qatar's Amir promises larger supply of LNG to Bangladesh
  • 'Disaster-prone Chattogram cannot be fully dependent on LNG'

Features

Photo: Md Adnan Khairullah

Above six thousand metres

1d | Features
Photo: Collected

Al Faya, one grain at a time

1d | Explorer
Illustration: TBS

Runaway non-food inflation remains the bigger culprit, but unchecked

1d | Panorama
There are more than 20 similar shops on Nilkhet footpath that sell tea, biscuits, crockeries, kitchenwares, bedsheets, mats, manicure sets, etc and all carry the logos and marks of different medicines and pharmaceutical companies in Bangladesh. 
Photo: Noor A Alam

Uncovering a treasure trove of pharma co gifts in Nilkhet's footpaths

2d | Panorama

More Videos from TBS

Budget impacted market within one day?

Budget impacted market within one day?

3h | TBS Economy
Budget reflects IMF conditions

Budget reflects IMF conditions

6h | TBS Economy
Awarness and vaccination can prevent cervical cancer

Awarness and vaccination can prevent cervical cancer

7h | TBS Health
Prices up, prices down

Prices up, prices down

22h | TBS Economy

Most Read

1
bKash denied permission to pay $4.10 lakh for Argentina football partnership
Banking

bKash denied permission to pay $4.10 lakh for Argentina football partnership

2
File Photo: Mohammad Minhaj Uddin/TBS
Bangladesh

Low-cost housing planned for 4 lakh Bangabandhu Shilpa Nagar workers

3
Boeing offers Biman its latest 787-10 Dreamliner
Bangladesh

Boeing offers Biman its latest 787-10 Dreamliner

4
Country's first floating solar power plant connected to national grid
Energy

Country's first floating solar power plant connected to national grid

5
Govt to double gain tax on land, flat registration
Budget

Govt to double gain tax on land, flat registration

6
Photo: TBS
Environment

Green space in Dhaka North declines 66% in 3 decades: Study

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net