The government on Wednesday approved seven major procurement proposals worth approximately Tk 11,634.21 crore for the import of refined fuel oil, liquefied natural gas (LNG), fertilisers, and wheat to ensure the country’s energy and food security.
The approvals came at a meeting of the Cabinet Committee on Government Purchase, held at the Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair.
Petroleum Fuel Import
Of the total amount, the largest share—around Tk 10,006.63 crore—will be spent on importing refined fuel oil under government-to-government (G2G) long-term agreements for the July–December 2025 period. The fuel will be procured from six state-run companies: PTTT (Thailand), ENOC (UAE), PetroChina and UNIPEC (China), BSP (Indonesia), PTLCL (Malaysia), and IOCL (India).
In addition, the committee approved the import of 25,000 metric tonnes of Gasoline 95 Unleaded Octane from Indonesia’s PT Bumi Siak Pusako Zapin (BSP) at a cost of Tk 208.63 crore. The purchase will be made at a reference price of $73.61 per barrel, with a premium of $5.93 per barrel.
LNG Import and Savings
The committee also approved a proposal to import one cargo of LNG from the spot market in July through Singapore-based Vitol Asia Pte Ltd. This will be the 32nd LNG cargo of the calendar year and is expected to cost approximately Tk 569.29 crore, based on prevailing international quotations.
Meanwhile, Petrobangla announced that it had saved the government around Tk 101 crore by re-floating tenders in the volatile LNG spot market. According to a press release, a re-tender floated on June 24 helped reduce the price by $1.93 per MMBtu, bringing the per-unit cost down to $13.52 and saving nearly Tk 80 crore.
Earlier, a similar move on June 16 saved another Tk 21.32 crore.
Wheat Import
To reinforce food reserves, the committee approved the import of 50,000 metric tonnes of wheat under an international open tender (Package-1) at a rate of $275 per tonne. The total cost is estimated at Tk 168.82 crore for the 2025–26 fiscal year.
Fertiliser Import
The meeting also approved three separate fertiliser import proposals submitted by the Ministry of Agriculture on behalf of the Bangladesh Agricultural Development Corporation (BADC). These include the procurement of 40,000 metric tonnes of MOP fertiliser from the Canadian Commercial Corporation at $342 per tonne for Tk 168.89 crore; 40,000 metric tonnes of DAP fertiliser from Morocco’s OCP NUTRICROPS at $710 per tonne for Tk 346.48 crore; and 25,000 metric tonnes of TSP fertiliser from Tunisia’s Groupe Chimique Tunisien at $550 per tonne for Tk 167.75 crore.