Recommendation to approve 5 proposals, including LNG imports
BanglaPress Desk: The Cabinet Committee on Economic Affairs has recommended in-principle approval for five proposals, including the import of 6,200 tonnes of dates for the upcoming Ramadan, the procurement of Liquefied Natural Gas (LNG) from three sources, and the installation of a mobile network at the third terminal of Hazrat Shahjalal International Airport.
These recommendations were made during the committee’s 37th meeting of the year, held on Thursday at the Secretariat and chaired by Finance Minister Amir Khasru Mahmud Chowdhury.
Of the five proposals, three were submitted by the Energy and Mineral Resources Division, while one each came from the Ministry of Commerce and the Posts and Telecommunications Division.
According to the Cabinet Division, the committee has recommended the procurement of LNG from Japan’s JERA Global Markets Pte. Ltd. (JERAGM), the UAE’s ADNOC Trading Ltd., and Nigeria’s Ogimadu & Marites Oil Marketing Nigeria Ltd./Uji James Beehive.
The committee recommended procuring this LNG through the direct procurement method, in accordance with Section 68 of the Public Procurement Act, 2006, and Rule 99(2) of the Public Procurement Rules, 2025. This also includes a proposal to sign a short-term LNG Sales and Purchase Agreement (SPA) and the final draft of the term sheet with JERAGM.
Meanwhile, the committee has also recommended the import of 6,200 metric tonnes of dates through an international open tender process for distribution by the Trading Corporation of Bangladesh (TCB) during the upcoming Ramadan. Given the urgent national necessity, it has also recommended reducing the stipulated time for the preparation and submission of tenders, in line with Rule 102(1)(a) of the Public Procurement Rules, 2025.
Furthermore, the committee has recommended in-principle approval for the use of the direct procurement method to install a mobile network at the third terminal of Hazrat Shahjalal International Airport. This initiative is being undertaken as part of a project titled "Installation of Mobile Network at the Third Terminal of Hazrat Shahjalal International Airport."
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