The government on Tuesday approved a proposal for procuring five LNG cargoes in 2026 on G2G basis from Aramco Trading Singapore Pte Ltd to meet the country’s rising energy demand.
The approval came from the 4th meeting of the Advisers Council Committee on Government Purchase in this year held on the day with finance adviser Salehuddin Ahmed in the chair at the Cabinet Division Conference Room at Bangladesh Secretariat.
Power, energy and mineral resources adviser Muhammad Fouzul Kabir Khan briefed reporters after the meeting.
Petrobangla will procure LNG directly from Aramco Trading Singapore Pte Ltd under a government-to-government arrangement.
The price has been fixed at JKM plus $0.145 per MMBTU.
Officials noted that the LNG imports would help ensure uninterrupted gas supply for power generation and industrial use.
