The government will buy 33.60 lakh MMBtu of LNG, 1.10 billion liters of soybean oil, and 8,000 MT of lentils

The Cabinet Committee on Government Purchase (CCGP) today approved separate proposals ,The government will buy , for procuring some 1 cargo or 33.60 lakh MMBtu LNG from the spot market, 1.10 crore litres of soybean oil and 8,000 metric tons of lentil to meet the growing demand.

The government will buy 33.60 lakh MMBtu of LNG, 1.10 billion liters of soybean oil, and 8,000 MT of lentils

The approvals came from the 6th meeting of the CCGP in this year held today virtually with Finance Minister AHM Mustafa Kamal in the chair.Briefing reporters after the meeting virtually, Cabinet Division additional secretary Sayeed Mahbub Khan informed that the day’s CCGP meeting approved a total of six proposals.

He informed that following a proposal from the Energy and Mineral Resources Division, Petrobangla would procure some 1 cargo or 33.60 lakh MMBtu LNG from the spot market with a cost of around Taka 690.42 crore where per MMBtu LNG would cost $16.5. Japanese company M/S Jera Company Inc, which is among the signatories of the Master Sale and Purchase Agreement, would supply this LNG.

He said following separate proposals from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure some 1.10 crore litres of soybean oil from City Edible Oil Ltd with around Taka 191.96 crore where per litre oil would cost Taka 174.5 against the previous per litre price of Taka 176.88.

Mahbub informed that the TCB would also procure some 8,000 metric tons of lentil from a Turkish company with around Taka 73.44 crore where per ton lentil would cost $158.Besides, the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries would procure some 20,000 metric tons of phosphoric acid for DAP Fertilizer Company Ltd, Chattogram with around Taka 119.50 crore. M/S Sun International FZE, UAE would supply this consignment with per ton costing $559.5 down from the previous price of $688.5.

The BCIC would also procure some 25,000 metric tons of rock phosphate for the TSP Complex Limited, Chattogram with around Taka 88.06 crore. M/S Agro Industrial Input, Dhaka would supply such quantity of rock phosphate where per ton would cost $329.85 down from the previous price of $334.

Apart from these, the Cabinet Division additional secretary informed that the work on constructing a 730-meter long bridge over River Khoirabad under Nalchity upazila in Jhalokati district has been awarded to the joint venture of MM Builders Engineers Ltd and M/S Podder Enterprise with around Taka 123.09 crore. The bridge will be constructed under the project for constructing important bridges on rural roads.