Bangladesh : Purchase of LNG, fertiliser, edible oil approved
The Bangladeshi government has approved several major purchases, including LNG, fertilizers, and rice-bran oil, during a meeting chaired by Finance Adviser Dr. Salehuddin Ahmed. Key deals include LNG from South Korea, urea from the UAE, DAP fertilizer from Saudi Arabia, and 4.5 million liters of rice-bran oil from a local supplier. Multiple infrastructure and administrative proposals were also cleared.
The government on Tuesday approved a number of proposals allowing state entities to buy liquefied natural gas (LNG), fertiliser, and rice-bran oil, among others.
The approvals came at a meeting of the Advisers’ Council Committee on Government Purchase at the Bangladesh Secretariat, chaired by Finance Adviser Dr Salehuddin Ahmed.
Under an approval, Petrobangla will import one cargo of LNG from M/S POSCO International Corporation, South Korea at a total cost of Tk 6.08 billion for use in mid-July.
The meeting also approved a proposal of the Bangladesh Chemical Industries Corporation (BCIC) to import 30,000 tonnes of bulk granular urea fertiliser from Fertiglobe Distribution Limited, UAE at a total cost of Tk 1.38 billion or $377.50 per tonne.
The Bangladesh Agricultural Development Corporation (BADC) has been given approval to import 40,000 tonnes of DAP fertiliser from MA’ADEN, Saudi Arabia at a total cost of Tk 3.46 billion or $709 per tonne.
The meeting also approved the Trading Corporation of Bangladesh (TCB) to buy 4.5 million litres of refined rice bran oil from Majumder Bran Oil Mills Limited, Noapara, Jashore at a total price of Tk 717 million or Tk 159.50 per litre.
The committee also approved one proposal from the Internal Resources Division, five proposals from the Ministry of Housing and Public Works, four proposals from the Road Transport and Highways Division, two proposals from the Ministry of Railways, and one proposal from Ministry of Home Affairs.
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Source : The Financial Express
