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The Cabinet Committee on Government Purchase (CCGP) has recommended approval of proposals to purchase six liquefied natural gas (LNG) cargoes from BP Singapore Pte Limited and Qatar Energy Trading LLC.
Finance Minister Amir Khosru Mahmud Chowdhury chaired the committee’s 51st meeting of 2026, held virtually on Saturday.
According to the Cabinet Division, the meeting considered two proposals from the Energy and Mineral Resources Division and recommended their approval.
Under the first proposal, the government will purchase five LNG cargoes from BP Singapore Pte Limited through direct procurement, in accordance with Section 68 of the Public Procurement Act, 2006, and Rule 99(2) of the Public Procurement Rules, 2025.
The proposal also allows the purchase of additional cargoes, if necessary, subject to mutual consent.
The proposed price is JKM minus $0.17 per million British thermal units (MMBtu), with BP Singapore Pte Limited named as the recommended supplier.
The second proposal involves purchasing an additional LNG cargo from Qatar Energy Trading LLC on a government-to-government (G2G) basis under the existing long-term contract.
Scheduled for delivery on December 20, 2026, the cargo would be purchased at a price different from the existing contractual rate.
The proposed price is JKM minus $0.10 per MMBtu, with Qatar Energy Trading LLC named as the recommended supplier.
The committee’s recommendations pave the way for the proposed purchases, subject to the completion of the required approval procedures.