The government has approved separate proposals to purchase refined fuel oil, crude oil, and one shipment of LNG.
The decision was made at the 16th meeting of the Advisory Council Committee on Government Purchase (ACCGP) for the current year. The meeting was held in the Cabinet Division conference room at the Bangladesh Secretariat, chaired by Dr. Salehuddin Ahmed, Adviser to the interim government on the Ministry of Finance.
After the meeting, Dr. Ahmed briefed reporters, stating that the Energy and Mineral Resources Division will buy one shipment of LNG from the spot market through an international bidding process. The supplier will be Vitol Asia Pte Ltd, Singapore, and the estimated cost is around BDT 708.55 crore (including VAT and tax), with the LNG priced at $15.02 per MMBtu.
Additionally, the Energy and Mineral Resources Division proposed that Bangladesh Petroleum Corporation (BPC) purchase 600,000 metric tons of Murban-grade crude oil from Abu Dhabi National Oil Company (ADNOC) for the 2025 calendar year, costing around BDT 5,208.37 crore.
In another proposal, BPC will procure 700,000 metric tons of Arabian Light Crude (ALC) from Saudi Arabian Oil Company (Saudi Aramco) for the 2025 calendar year at an estimated cost of BDT 6,025.21 crore.
Furthermore, the Energy and Mineral Resources Division will procure refined fuel oil for January to June 2025 through international bidding, with a projected expense of around BDT 10,710.16 crore.
The refined oil will be supplied by Uniqec Singapore Pte Ltd for package ‘A,’ Vitol Asia Pte Ltd for packages ‘B,’ ‘C,’ and ‘E,’ and OQ Trading Limited, Dubai, UAE for package ‘D.’
