National

Purchasing of one cargo LNG gets govt nod

The Advisory Council Committee on Government Purchase on Monday, December 15, approved the procurement of one cargo of liquefied natural gas (LNG) from the international spot market to meet Bangladesh’s rising energy demand.

The decision was made at a meeting chaired by Finance Adviser Dr. Salehuddin Ahmed at the Secretariat. The proposal was submitted by the Energy and Mineral Resources Division under the Public Procurement Rules 2025.

The LNG cargo is scheduled for delivery between January 9–10, 2026, at a total cost of about Tk 420.09 crore, with a unit price of US$9.99 per MMBTU. Posco International Corporation of South Korea has been recommended as the supplier.

Officials said the import will help ensure continuous gas supply for power generation and industrial use during the winter, when demand is typically high.

MAS/MHK