DHAKA, July 11, 2024 (BSS) - The government today approved a proposal for
procuring refined fuel oil from state-owned enterprises of various countries
under G to G basis for the second half (July-December) period of 2024 with
around Taka 16,484.45 crore as per the premium and reference price.

Besides, the government also approved separate proposals for procuring 30,000
metric tons of diesel and 80,000 metric tons of fertilizer.

The approvals came from the 18th meeting of the Cabinet Committee on
Government Purchase (CCGP) in this year held today at the Cabinet Division
conference room with Finance Minister Abul Hassan Mahmood Ali in the chair.

Briefing reporters after the meeting, Cabinet Division Secretary
(coordination and reforms) Md Mahmudul Hossain Khan said a total of five
proposals were approved today.

He said following a proposal from the Energy and Mineral Resources Division,
refined fuel oil would be procured from Oman Oiltanking (OOT) Sohar in Oman,
PETCO Trading Labuan Company Ltd (PTLCL) in Malaysia, PTT Public Company
Limited in Thailand, Emirates National Oil Company (ENOC) in the United Arab
Emirates, PetroChina Co Ltd (PetroChina) in China, BSP in Indonesia, China
International United Petroleum and Chemical Co. Ltd. (UNIPEC) and Indian Oil
Corporation Limited in Malaysia.

In response to another proposal from the Energy and Mineral Resources
Division, some 30,000 metric tons of diesel would be procured from Numaligarh
Refinery Ltd, India for the July-December period with around Taka 273.67
crore.

Mahmudul said the government will procure one cargo LNG from M/S Total
Energies Gas and Power Ltd, Switzerland as the 23rd consignment of 2024 with
around Taka 583.56 crore where per MMBtu LNG would cost US$12.58.

Following two separate proposals from the Ministry of Agriculture, the
Bangladesh Agricultural Development Corporation (BADC) would procure 40,000
metric tons of MOP fertilizer from Canadian Commercial Corporation, Canada
under the third lot under state-level agreement with around Taka 130.04 crore
where per ton fertilizer would cost US$275.50.

Besides, the BADC would procure another consignment of 40,000 metric tons of
MOP fertilizer from Canadian Commercial Corporation, Canada under the fourth
lot under state-level agreement with around Taka 130.04 crore where per ton
fertilizer would cost the same US$275.50.