The government has approved the import of about 1.6 million tonnes of fuel oil worth Tk 122.77 billion from two Singapore-based suppliers, reports bdnews24.com.
The approval was given at a cabinet meeting on government procurement on Wednesday.
Bangladesh Petroleum Corporation (BPC) received the nod to buy fuel oil from Unipec Singapore Pte under packages A and E and Vitol Asia Pte under packages B, C, and D in the July-December period, according to Syed Mahbub Khan, additional secretary of the Cabinet Division.
The panel also approved state-run oil company Petrobangla’s plans to import two cargoes of liquefied natural gas from Vitol Asia and the US-based Excelerate Energy.Vitol Asia will supply LNG at $12.7 per mmBtu, while the rate offered by Excelerate was $13.35 per mmBtu. Petrobangla also received approval to buy LNG from Malaysia’s Perintis Akal under a long-term contract
