The government has approved the import of one cargo of liquefied natural gas (LNG) from Singapore at a cost of Tk 517.19 crore, as part of its ongoing efforts to ensure uninterrupted energy supply in the face of growing national demand.
The decision came during a meeting of the Advisers Council Committee on Government Purchase (ACGP) held on Wednesday at the Secretariat, with Finance Adviser Dr. Salehuddin Ahmed in the chair.
The LNG cargo, to be imported from the international spot market, is expected to arrive between September 22 and 23 this year. The procurement was approved through an international quotation process under the Public Procurement Rules 2008.
According to meeting sources, Petrobangla invited bids from 23 companies with whom it has signed Master Sale and Purchase Agreements (MSPA). Of these, three companies submitted proposals, all of which were found to be technically and financially responsive. The winning bidder will supply the LNG from the spot market.
Alongside the LNG deal, the committee also approved several other major procurement proposals covering agriculture, food security, and education infrastructure—indicating a broad government push to stabilize key sectors ahead of upcoming fiscal demands.
One such decision was the approval to import 70,000 metric tons of fertilizer, including 40,000 tons of DAP from Saudi Arabia and 30,000 tonnes of bagged granular urea from Karnaphuli Fertilizer Company Limited (KAFCO), Bangladesh.
The total cost of this fertilizer procurement stands at Tk 548.53 crore. The DAP fertilizer will be brought under a state-level agreement between Bangladesh Agricultural Development Corporation (BADC) and Saudi firm Ma’aden, while the urea will be sourced under an existing agreement with KAFCO for the 2025–26 fiscal year.
In another key move aimed at food security and price stabilization, the government approved the import of 25,000 metric tonnes of refined sugar from Turkey at a cost of Tk 175.98 crore.
The sugar will be purchased from Turkish firm Begalata Denizcilik Hizmetleri A.S. through international open tender and distributed at subsidized rates to one crore low-income families holding TCB family cards. The unit price has been set at Tk 106.66 per kg.
The committee also gave the green light to a re-evaluated construction project under Khulna University of Engineering and Technology (KUET).
The project involves the construction of a 10-storey academic institute building, with the awarded cost fixed at Tk 105.01 crore following a competitive bidding process. Due to the previous expiry of the bid validity period in June, the timeline has now been extended until December 18, 2025.