Staff Correspondent

The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved proposals for procuring an LNG cargo worth Tk609.28 from the US as well as 70,000 metric tonnes of fertilizer from Saudi Arabia and Russia to meet the country’s growing demands.

The approval came at the 17th meeting of the CCGP held at the Cabinet Division Conference Room at Bangladesh Secretariat.

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

He informed that following a proposal from the Energy and Mineral Resources Division, Petrobangla would procure one cargo LNG from the US-based Excelerate Energy at a cost of around Tk609.28 crore where one metric million British thermal unit (MMBtu) LNG would cost $13.55.

Hossain said following two separate proposals from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure 40,000 metric tonnes of DAP fertilizer from MA'ADEN, Saudi Arabia at a cost of around Tk246.85 crore where per ton fertilizer would cost $523.

In another approved proposal, the BADC would import 30,000 metric tonnes of MOP fertilizer under a state-level agreement from Russian company Prodintorg at a cost of around Tk97.52 crore where per tonne of fertilizer would cost $275.50.

In response to another proposal from the Energy and Mineral Resources Division, the day's CCGP meeting approved the probable signing of a draft agreement between Sylhet Gas Fields Limited (SGFL) and Sinopec International Petroleum Service Corporation, China.