Govt to procure LNG, 60,000 tons of fertilizer

The government Wednesday approved separate proposals for procuring some one cargo LNG and 60,000 metric tons of fertilizer to meet the growing demands of the country. The approvals came from the 2nd meeting of the Cabinet Committee on Government Purchase (CCGP) this year held Wednesday virtually with Finance Minister Abul Hassan

Govt to procure 2,65,000 tons fertilizer, 4 cargo LNG

The government on Wednesday approved separate proposals for procuring some 2,65,000 tons of fertilizer and four cargo LNG to meet the growing demand of the country. The approval came from the 15th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held on Wednesday virtually with Finance Minister

Saudi assures Bangladesh of urgent supply of LNG

Saudi Arabia has assured its assistance in commercial supply of Liquefied Natural Gas (LNG) to Bangladesh on an emergency basis.The Saudi assurance came during the 14th meeting of the Joint Economic Commission of the two countries held from October 30 to 31 in its capital Riyadh.The Saudi delegation in the

LNG cargo market in hands of energy giants

Rocketing LNG cargo prices have squeezed out dozens of smaller traders, concentrating the business in the hands of a handful of international energy majors and top global trading houses. This grip is not expected to ease until 2026 when more liquefied natural gas (LNG) starts to materialise and lower prices, adding

Cabinet body clears LNG, rice import plan

The Cabinet Committee on Public Purchase approved seven proposals including the import of liquified natural gas (LNG) from a Swiss company and rice from an Indian company. Finance Minister AHM Mustafa Kamal presided over the meeting. State-owned Petrobangla, under the Energy and Mineral Resources Division, will import the 3.360 million MMBtus of

Purchase body okays 6 proposals including import of LNG, rice

The Cabinet Committee on Public Purchase on Wednesday approved 6 procurement proposals including import of 3.36 million MMBtus (million British thermal units) of liquefied compressed gas (LNG) from US-based Excelarate Energy LP. Finance Minister AHM Mustafa Kamal presided over the Cabinet body meeting. As per the proposal placed by Energy and Mineral

Govt to import 3.5 lakh MT more rice

The government will import 350,000 metric tons of rice more in the coming days as the Cabinet Committee on Economic Affairs gave its nod in principle to a proposal of the Directorate General of Food on Wednesday. The Cabinet Committee on Public Purchase also approved two separate proposals for the import