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Cabinet body okays 10 proposals including import of petroleum fuel, LNG

  • Published at 01:22 pm June 16th, 2021
Kamal cabinet body meeting
Finance Minister AHM Mustafa Kamal briefing the journalist virtually following the meeting of the Cabinet Committee on Public Purchase on Wednesday, June 16, 2021 PID

BPC will import 1.235 million metric tons of petroleum fuel while the Petrobangla and its subordinate body RPGCL will import 3.360 million MMBtu of LNG

The Cabinet Committee on Public Purchase on Wednesday approved 10 procurement proposals including import of 1.235 million metric tons of petroleum fuel and 3.360 million MMBtu liquefied natural gas (LNG). 

Finance Minister AHM Mustafa Kamal presided over the Cabinet body meeting. 

According to the meeting decisions, state-owned Bangladesh Petroleum Corporation (BPC) will import 1.235 million metric tons of petroleum fuel in different packages from Unipec Singapore Pte Ltd. Singapore, Petro China International (Singapore) Pte Ltd., VitoI Asia Pte Ltd., Singapore, and Emirates National Oil Company Pte Ltd, Singapore., at a total cost of Tk5,774.45 crore [$683.366 million] over the next six months from June-December 2021. 

The supplier companies were selected through international quotation, said Shamsul Arefin, additional secretary to the Cabinet Division while briefing reporters on the issue. 

He, however, did not disclose what will be the premium of the product and which item of petroleum will be imported from the companies. 

The Petrobangla and its subordinate body RPGCL will import 3.360 million MMBtu of LNG from Excelerate Energy LP, United States at a contract value of Tk313.68 crore. The unit price of the LNG was not disclosed.

Also Read - BSTI for allowing import of downgraded petrol

The Cabinet committee approved a proposal of Bangladesh Telecommunication Regulatory Commission (BTRC) for awarding of a contract for procurement of design, development, supply, installation, testing and commissioning of telecom monitoring system for the telecom networks and systems of Bangladesh from TKC Telecom Inc, Canada at a cost of Tk77.65 crore. 

A proposal of Bangladesh Inland Water Transport Authority (BIWTA) to procure three passenger cruise vessels from Karnaphuli Ship Builders at Tk231.13 crore received the approval of the committee.

The Cabinet body gave nod to a proposal of the Bangladesh Road Transport Authority to appoint a service provider at Tk218.71 crore for collecting fees and taxes from motor vehicles through online for next five years. 

Also Read - Govt to procure 3.4 million MMBtu LNG

However, it was not disclosed which company won the contract for the job. 

Bangladesh Chemical Industries Corporation (BCIC) received the committee's approval for procuring 30,000 metric tons of bagged granular urea fertiliser from Karnaphuli Fertiliser Company (Kafco) at a value of Tk87.63 crore. 

The Cabinet body approved a proposal of the Bangladesh Railway to change nine points of the PCC (Particular Conditions of Contract) of the Commercial Contract and also its supplementary agreement -2 of the Padma Bridge Rail Connection Project with Chana Railway Group of China (CREC). 

Shamsul Arefin said though the conditions of the contract will be changed, but it will not have any effect on the contract value. 

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