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Bangladesh Approves Purchase of Two LNG Cargoes for September Delivery

The Cabinet Committee on Government Purchase has approved the procurement of two liquefied natural gas (LNG) cargoes for delivery in September, as part of ongoing efforts to meet energy demands.

By Staff Correspondent
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Govt. to procure 2 cargoes of LNG | News Flash
BSS

The Cabinet Committee on Government Purchase (CCGP) has approved a proposal to purchase two cargoes of liquefied natural gas (LNG) for delivery in September. The approval was granted during the 41st meeting of the committee, chaired by Finance Minister Amir Khosru Mahmud Chowdhury. The meeting took place at the Bangladesh Secretariat.

Under the approved proposal, Posco International Corporation will supply one LNG cargo, designated as the 46th cargo, for delivery on September 13-14 at a price of US$24.625 per MMBtu. Another cargo, designated as the 47th, will be supplied by Total Energies Gas & Power Ltd, UK, for delivery on September 23-24 at US$24.25 per MMBtu.

The Ministry of Power, Energy and Mineral Resources submitted the proposal to the committee under Rule 105(3 (a) of the Public Procurement Rules 2025 through the Request for Quotation (International) process. The committee recommended approval of the proposal after considering the procurement process and the recommended bidders.

This procurement is part of Bangladesh’s ongoing efforts to secure LNG supplies to meet its growing energy demands. LNG is a critical component of the country’s energy mix, providing a reliable source of natural gas for power generation and other uses. The timely acquisition of these cargoes is expected to help ensure a stable energy supply during the upcoming months.

In addition to the LNG procurement, the CCGP also approved a proposal to appoint a contractor for manual cargo handling operations at Burimari Land Port in Lalmonirhat. The proposal, placed by the Ministry of Shipping, aims to appoint a contractor for cargo handling at the land port under the Bangladesh Land Port Authority (BLPA). The contract value is set at around Tk 46.55 crore.

The committee recommended approving the bid submitted by Drop Communication Limited, located in Purana Paltan, Dhaka, as the recommended bidder for the package. The tender was floated under Tender ID 1223059 for Package No. BLPA Burimari-LH01A. Burimari Land Port, situated on the Bangladesh-India border, is a crucial trade gateway in the northern region, facilitating the movement of goods between the two countries.

The approval of these proposals is expected to facilitate the continuation of cargo handling services at the port and support the smooth movement of imported and exported goods. This, in turn, will help maintain the flow of trade and contribute to the economic stability of the region.

Source: BSS

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