Govt to procure 1 cargo LNG, 70,000MTs fertiliser, 45 lakh liters of refined rice bran oil

The government today approved separate proposals for procuring some one cargo LNG, 70,000 MTs of fertiliser and 45 lakh litres of refined rice bran oil to meet the growing demand of the country.

The approvals came from the 21st meeting of the Advisers Council Committee on Government Purchase held at Bangladesh Secretariat today with Finance Adviser Dr Salehuddin Ahmed in the chair.

Following a proposal from the Energy and Mineral Resources Division, Petrobangla would procure one cargo of LNG from the spot market from M/S POSCO International Corporation, South Korea, with around Tk608.14 crore through the following international quotation collection method.

In response to a proposal from the Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) would procure 30,000 metric tons of bulk granular urea fertiliser under the 4th lot from Fertiglobe Distribution Limited, UAE, for the current fiscal year (FY25) with around Tk138.16 crore with per ton fertiliser costing $377.50.

In another proposal from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) would procure 40,000 metric tons of DAP fertiliser under the 6th lot from MA'ADEN, Saudi Arabia, under a state-level agreement at around Taka 345.99 crore with per tonne fertiliser costing $709.

In response to another proposal from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure some 45 lakh litres of refined rice bran oil through the local OTM method from Majumder Bran Oil Mills Limited, Noapara, Jashore, Bangladesh with around Tk71.77 crore where per liter oil would cost Tk159.50.

The purchase committee meeting also approved separate proposals from the Internal Resources Division, Ministry of Housing and Public Works, Road Transport and Highways Division and the Ministry of Railways.