Government to bring 3 cargoes of LNG from UK

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Government to bring 3 cargoes of LNG from UK

B Mirror Desk: To meet the country’s energy needs, the government has approved the purchase of three cargoes of LNG (liquefied natural gas) from the spot market. A total of 1,442 crore 3 lakh 96 thousand 388 taka will be spent to bring these three LNG cargoes from the UK.

LNGThe approval for the LNG import was given at a meeting of the Advisory Council Committee on Government Procurement held at the Cabinet Division conference room at the Secretariat on Tuesday (August 18). The meeting was chaired by Finance Advisor Dr. Salehuddin Ahmed.

According to the meeting sources, in view of the proposal of the Department of Energy and Mineral Resources, the proposal to purchase one cargo (42nd for the period 19-20 October 2025) of LNG from the spot market through the international quotation collection process following the Public Procurement Rules, 2008 has been approved. The price of LNG per MMBTU from M/s Total Energies Gas and Power Limited of the United Kingdom will be 11.44 US dollars. As a result, the cost of importing one cargo of LNG will be 480 crore 67 lakh 98 thousand 796 taka.

In addition, in view of another proposal of the Department of Energy and Mineral Resources, the meeting approved the purchase of another cargo (43rd for the period 6-7 October 2025) of LNG from the spot market. The price of that LNG is 11.34 US dollars per MMBTU of LNG from M/s Total Energies Gas and Power Limited. As a result, the cost of importing one cargo of LNG will be 476 crore 47 lakh 81 thousand 324 taka.

In addition, the proposal to purchase the 44th cargo of LNG for the period 28-29 October 2025 has also been approved. Its price will be 11.54 US dollars per MMBTU, resulting in a cost of 484 crore 88 lakh 16 thousand 268 taka for the import of one cargo of LNG.

With this decision, the government has taken steps to import the necessary LNG to meet the country’s energy needs, which will play a significant role in the country’s energy system.

Yasir Monon
Yasir Mononhttp://www.yasirmonon.com
News Editor, Business Mirror

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