Govt approves Tk16,089cr refined fuel imports for Jul-Dec
The fuel will be imported under G2G agreements from six state-owned foreign suppliers to meet domestic demand during the first half of the fiscal year.
Highlights:
- Cabinet committee approves Tk16,089cr refined fuel imports
- Six state-owned foreign suppliers to provide petroleum products
- Fuel to be procured under government-to-government agreements
- Committee also clears infrastructure and power-related procurement proposals
- Beza projects and fertiliser warehouse contracts receive approval
The government has approved the import of refined petroleum products worth Tk16,088.52 crore for July-December of FY2026-27 under government-to-government agreements with six state-owned foreign suppliers.
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The decision was taken at the 33rd meeting of the Cabinet Committee on Government Purchase, chaired by Finance Minister Amir Khosru Mahmud Chowdhury at the Cabinet Division conference room in the Secretariat today (29 July).
According to the Cabinet Division, the Energy and Mineral Resources Division submitted the proposal based on predetermined premiums, import volumes and prevailing international reference prices.
The six suppliers are the UAE's Enoc, China's PetroChina and Unipec, India's Indian Oil Corporation Limited, Thailand's OQT and Indonesia's BSP.
Other approvals
The committee approved a Tk125.99 crore proposal under the Local Government Engineering Department's Resilient Infrastructure for Adaptation and Vulnerability Reduction, or RIVER, project.
The project will construct 15 government primary school-cum-flood shelters in Bogura with financing from the World Bank and the Bangladesh government.
The committee also approved Tk49.14 crore for constructing a fertiliser buffer warehouse with a capacity of 10,000 tonnes in Lakshmipur.
It also approved a revised levelised tariff for electricity purchased from the Ashuganj 450MW Combined Cycle North Power Plant, operated by Ashuganj Power Station Company Limited.
The revised tariff was set at 4.0945 US cents per kilowatt-hour, equivalent to Tk5.0281 per unit.
The committee also approved three procurement proposals submitted by the Bangladesh Economic Zones Authority.
These included a Tk123.34 crore contract for Monico Limited to construct road networks in sub-zones 6, 7, 11 and 18 of the National Special Economic Zone in Mirsarai, Chattogram.
