In-principle nod to LNG purchase from five firms through direct procurement
Photo: Collected
The Cabinet Committee on Economic Affairs has recommended in-principle approval of two proposals of the Energy and Mineral Resources Division relating to the supply and purchase of liquefied natural gas (LNG). The Energy and Mineral Resources Division placed the two proposals at the committee’s 33rd meeting of 2026. Siraj Ud-Doula Khan, public relations officer of the finance ministry, said the meeting was held on the Zoom platform on Tuesday night with Finance and Planning Minister Amir Khasru Mahmud Chowdhury in the chair.
The first proposal is for taking LNG supply from Cheniere Marketing International LLP and Trafigura Private Limited; in-principle approval has been recommended for processing it through the direct procurement method under section 68 of the Public Procurement Act, 2006 and rules 99(1) and 107(1) of the Public Procurement Rules, 2025.
Under the second proposal, in-principle approval has been recommended for purchasing LNG through the direct procurement method from BP Singapore Pte Limited, Sahara Energy Resource Limited and Shell International Trading Middle East Limited FZE, in the national emergency need and in the public interest, to keep gas supply in the country normal. In this case, it has been said that section 68 of the Public Procurement Act, 2006 and rules 107, 97 and 98 of the Public Procurement Rules, 2025 will be followed.