The cabinet committee on procurement has sanctioned the purchase of LNG cargo from the US for Tk609.27 crore. This will be the 21st LNG cargo imported this year, Cabinet Secretary (Coordination) Mahmudul Hossain Khan announced following a cabinet meeting on 3 July.
The meeting, presided over by Finance Minister Abul Hassan Mahmood Ali, approved a total of nine proposals. The procurement committee had solicited quotations from companies with existing master sales and purchase agreements with the government. After evaluating the proposals, Excelerate Energy from the US was awarded the contract, quoting a price of $13.5580 per MMBtu of LNG. Previously, LNG was purchased at $12.9697 per MMBtu.
Additionally, the committee approved an agreement between Sylhet Gas Fields Limited (SGFL) and Sinopec International Petroleum Service Corporation of China. This agreement pertains to the drilling of the Sylhet-11 (Development Well) and Rashidpur-13 (Exploratory Well) under the Energy Department’s proposal. The project will be executed according to the Quick Enhancement of Electricity and Energy Supply (Special Provision) Act, 2010, with an estimated expenditure of Tk444.85 crore.
Other approved proposals include the state-level purchase of DAP and MOP fertilizers from Saudi Arabia and Russia, the acquisition of project package number RPW-1.2 for the “Greater Dhaka Sustainable Urban Transport Project (BRT, Gazipur-Airport),” and the construction of a multi-storied residential building for the cleaners of Dhaka North City Corporation at Gabtali City Palli.