Notice: Undefined index: HTTP_ACCEPT_LANGUAGE in /mnt/volume_sgp1_04/busine23n9s5der/public_html/common/config.php on line 14
Govt to purchase refined fuel oil, 1 cargo LNG

Dhaka, Thursday


31 October 2024


Business Insider Bangladesh

Govt to purchase refined fuel oil, 1 cargo LNG

BI Desk || BusinessInsider

Published: 01:44, 12 July 2024  
Govt to purchase refined fuel oil, 1 cargo LNG

Representational photo

The government on Thursday approved a proposal for procuring refined fuel oil from state-owned enterprises of various countries under G to G basis for the second half (July-December) period of 2024 with around Tk 16,484.45 crore as per the premium and reference price.

Besides, the government also approved separate proposals for procuring 30,000 metric tons of diesel and 80,000 metric tons of fertilizer.

The approvals came from the 18th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held today at the Cabinet Division conference room with Finance Minister Abul Hassan Mahmood Ali in the chair.

Briefing reporters after the meeting, Cabinet Division Secretary (coordination and reforms) Md Mahmudul Hossain Khan said a total of five proposals were approved, reports BSS.

He said following a proposal from the Energy and Mineral Resources Division, refined fuel oil would be procured from Oman Oiltanking (OOT) Sohar in Oman, PETCO Trading Labuan Company Ltd (PTLCL) in Malaysia, PTT Public Company Limited in Thailand, Emirates National Oil Company (ENOC) in the United Arab Emirates, PetroChina Co Ltd (PetroChina) in China, BSP in Indonesia, China International United Petroleum and Chemical Co. Ltd. (UNIPEC) and Indian Oil Corporation Limited in Malaysia.

In response to another proposal from the Energy and Mineral Resources Division, some 30,000 metric tons of diesel would be procured from Numaligarh Refinery Ltd, India for the July-December period with around Tk 273.67 crore.

Mahmudul said the government will procure one cargo LNG from M/S Total Energies Gas and Power Ltd, Switzerland as the 23rd consignment of 2024 with around Taka 583.56 crore where per MMBtu LNG would cost $12.58.

Following two separate proposals from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) would procure 40,000 tonnes of MOP fertilizer from Canadian Commercial Corporation, Canada under the third lot under state-level agreement with around Tk 130.04 crore where per ton fertilizer would cost $275.50.

Besides, the BADC would procure another consignment of 40,000 metric tons of MOP fertilizer from Canadian Commercial Corporation, Canada under the fourth lot under state-level agreement with around Tk 130.04 crore where per ton fertilizer would cost the same $275.50.