Thursday 12 November 2026
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Four suppliers get nod for direct LNG procurement

Staff Correspondent
12 November 2026 13:54 Updated: 12 November 2026 13:54

The Cabinet Committee on Economic Affairs on Thursday approved direct procurement of liquefied natural gas (LNG) from four international suppliers to meet the country’s energy demand.

The committee also approved a proposal to shorten the tender submission period for procuring 6,200 tonnes of dates for Ramadan 2027 and a direct procurement method for installing mobile network coverage at the third terminal of Hazrat Shahjalal International Airport.

Finance Minister Amir Khosru Mahmud Chowdhury chaired the meeting at the Secretariat.

Under the LNG procurement proposals, the committee recommended policy approval for directly purchasing LNG from Japan’s JERA Global Markets Pte Ltd (JERAGM) under Section 68 of the Public Procurement Act 2006 and Rule 99(2) of the Public Procurement Rules 2025.

The proposal also includes signing the finalised short-term LNG Sale and Purchase Agreement (SPA) and term sheet between Petrobangla and JERAGM.

The committee separately recommended policy approval for direct LNG procurement from ADNOC Trading Ltd of the United Arab Emirates, Ojimadu & Marites Oil Marketing Nigeria Ltd and Uzzy Gems Beehive under the same legal provisions.

The Energy and Mineral Resources Division placed the LNG procurement proposals before the committee.

In another decision, the committee recommended shortening the time allowed for preparing and submitting tenders for the international open tender to purchase 6,200 tonnes of dates for Ramadan 2027.

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The Commerce Ministry placed the proposal under Rule 102(1)(a) of the Public Procurement Rules 2025, citing the government’s urgent requirements.

The committee also approved the use of the direct procurement method for installing mobile network coverage at the airport’s third terminal under a project titled “Installation of Mobile Network at Hazrat Shahjalal International Airport Third Terminal”.

The Posts and Telecommunications Division placed the proposal.

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