Govt to buy Tk243cr LNG from spot market
Petrobangla officials said two more LNG purchase proposals have also been sent to the cabinet committee
![Picture used on representational purpose. Photo: Collected](https://www.tbsnews.net/sites/default/files/styles/big_2/public/images/2019/07/02/lng_supply.jpg)
The government Wednesday approved a proposal to import 33.60 lakh MMBTUs (million British thermal units) of liquefied natural gas from the spot market spending Tk243.30 crore.
The cabinet committee on purchase approved the proposal in a meeting chaired by Finance Minister AHM Mustafa Kamal.
The meeting gave its consent to the proposal of the Energy and Mineral Resources Division to buy the LNG from AOT Trading AG, Switzerland. Each MMBTU will cost $7.2855.
Petrobangla officials said two more LNG purchase proposals have also been sent to the cabinet committee for approval.
Besides, the cabinet committee Wednesday approved six more purchase proposals at a cost of Tk1,512 crore. Of these, three proposals were from the Road Transport and Highways Division, one each from the Bridges Division and Ministry of Food.
Bangladesh will import 50,000 tonnes of non-basmati parboiled rice from PK AgriLink Pvt Ltd, India at Tk174.66 crore.
Shahida Akhter, additional secretary of the Cabinet Division, said that Tecnica Y Proyectos SA Spain, Japan's Nippon Koei Co, South Korea's DOHWA Engineering Co Ltd have been appointed as consultants to conducting feasibility study and prepare master plan for bridges on Shariatpur-Chandpur road and Gazaria-Munshiganj road. It will cost Tk243 crore.
She said the committee also approved Road Transport and Highways Division's Ashuganj Port to Akhaura Land Port highway up-gradation to four lanes. India's Afcons Infrastructure Limited will do the construction and maintenance at Tk788 crore.