Government to Import Two LNG Cargoes from the UK

Staff Reporter

In response to a proposal from the Energy and Mineral Resources Division, the government has decided to import two LNG cargoes from the spot market through an international bidding process.

The LNG will be purchased from UK-based Total Energies Gas and Power Limited. One cargo, priced at $14.48 per MMBtu, will cost Tk 694.47 crore, while the second cargo, priced at $14.22 per MMBtu, will cost Tk 682.03 crore.

Additionally, the government has approved the import of 50,000 metric tons of non-basmati parboiled rice for the 2024-25 fiscal year through an international open tender process proposed by the Ministry of Food. The rice will be purchased from India’s M/s Pattavi Agro Foods Private Limited at $429.55 per ton, totaling $2.14 million.

The government has also decided to procure 11 million liters of refined rice bran oil and 10,000 metric tons of lentils locally through an open tender process for the Trading Corporation of Bangladesh (TCB).

The Ministry of Commerce submitted these proposals. Under the rice bran oil procurement plan, 2 million liters will be purchased from Green Oil and Poultry Feed Industries, 4.5 million liters from Majumdar Products Limited, and 4.5 million liters from Majumdar Bran Oil Mills Limited at Tk 162.50 per liter, totaling Tk 178.75 crore.

For the lentil procurement, the government approved the purchase of 10,000 metric tons at Tk 94.23 per kilogram, costing Tk 94.23 crore. The lentils will be sourced from M/s Medina Trading Corporation (5,000 tons) and M/s Payel Traders (5,000 tons).

Furthermore, the government’s procurement advisory committee approved two proposals for the installation of treated water primary distribution pipelines under the Sayedabad Water Treatment Plant construction project.

Under Phase 3 of the project, Component 3.1 involves the installation of treated water primary distribution pipelines at a cost of Tk 976.34 crore, to be implemented by China Petroleum Pipeline Engineering Company Limited.

Component 3.2, involving the same pipeline installation, has been awarded jointly to Hubei Industrial Construction Group Company Limited (HICGC) and SR Corporation (SRC) at a cost of Tk 333.49 crore.