Bangladesh to import of diesel, jet fuel, LNG, fertiliser

GBNews24 Desk//

The government will import 300,000 metric tons (MTs) of diesel (gas oil), 75,000 MTs of Jet-A-1 fuel, 33.60 lakh MMBtu LNG and 60,000 MTs of fertiliser to meet the domestic requirements.

The Cabinet Committee on Public Purchase (CCPP) in a virtual meeting has approved different proposals in this regard.

Finance Minister AHM Mustafa Kamal presided over the meeting while its members attended it.

As per the proposals, Bangladesh Petroleum Corporation (BPC) will import 300,000 MTs of diesel from PT Bumi Siak Pusaku Zapin, Indonesia at a cost of Tk 3,274.32 crore and 75,000 MTs of Jet-A-1 fuel from Unipec Singapore Pte Ltd at Tk 780.06 crore.

State-owned Petrobangla will import 33.60 lakh MMBtu of liquefied natural gas (LNG) from Vitol Asia Pte Ltd, Singapore, at a cost of Tk 991.76 crore as each MMBtu LNG will cost US$29.25.

Bangladesh Agriculture Development Corporation (BADC) will import 30,000 MTs of TSP fertilizer from OCP, S.A Morocco, at Tk 259.39 crore, while Bangladesh Chemical Industries Corporation (BCIC) will import 30,000 MTs of Bulk granular urea fertilizer from Muntajat, Qatar, at Tk 240.42 crore.