The Advisers Council Committee on Government Purchase (ACCGP) on Wednesday gave nod to a number of proposals to purchase crude oil, refined fuel oil, and Liqufied Naturual Gas (LNG) spending a total of Tk22,652 crore.
The approval came at a meeting of the ACCGP held at the cabinet division with the interim government’s Finance Adviser Dr Salehuddin Ahmed in the chair.
At a press briefing later, the adviser said the Energy and Mineral Resources Division would procure one cargo LNG from the spot market from M/S Vitol Asia Pte Ltd, Singapore at a cost of Tk 708.55 crore with per MMBtu costing $15.02 under an approved proposal.
In this case, an international quotation process has been followed, he added.
Under two separate proposals, the Bangladesh Petroleum Corporation (BPC) will procure a total of 13 lakh metric tonnes of crude oil from two middle-eastern countries.
The Energy and Mineral Resources Division, six lakh tonnes of Murban grade crude oil will be purchased from Abu Dhabi National Oil Company (ADNOC) for the 2025 calendar year spending Tk 5,208.37 crore in line with an approved proposal.
Another seven lakh tonnes Arabian Light Crude (ALC) grade crude oil will be procured from Aramco, a Saudi Arabia based oil company. for the 2025 calendar year at a cost of around Tk6,025.21 crore.
Besides, the BPC will also import refined fuel oil for January to June 2025 through international quotation process with an approved cost of Tk10,710.16 crore.
Uniqec Singapore Pte Ltd, Singapore will supply the package of refined oil ‘A’, while Vital Asia Pte Ltd, Singapore package ‘B’, ‘C’, ‘E’ and OQ Trading Limited, Dubai, UAE Package ‘D’.
