Published : 23 Sep 2026, 05:52 PM
Updated : 23 Sep 2026, 05:52 PM
The government has approved the purchase of two additional cargoes of liquefied natural gas (LNG) from QatarEnergy Trading LLC under a long-term government-to-government (G2G) agreement as Bangladesh seeks to shore up gas supplies.
The Cabinet Committee on Government Purchase (CCGP) approved the proposal on Wednesday, according to the Ministry of Finance.
The decision came at a meeting chaired by Finance Minister Amir Khosru Mahmud Chowdhury. He joined the meeting online from New York, where he is attending the UN General Assembly.
The two LNG cargoes are scheduled for delivery on Nov 6 and Nov 22.
The gas will be purchased at a price of $0.02 per MMBtu below the Japan-Korea Marker (JKM), a pricing formula that differs from the one stipulated in the existing long-term contract.
The Energy and Mineral Resources Division placed the proposal before the committee, with QatarEnergy Trading LLC recommended as the supplier.
The government has been stepping up LNG purchases amid continuing pressure on domestic gas supplies.
For September, one cargo from South Korea’s POSCO International was scheduled for delivery between Sept 13 and Sept 14 at $24.625 per MMBtu.
Another cargo from TotalEnergies was scheduled to arrive between Sept 23 and Sept 24 at $24.25 per MMBtu.
On Sept 14, the government also approved the purchase of six more LNG cargoes.
Four are to be bought directly from US-based Darab Inc and Mind Mingle LLC, while two cargoes for October are to be purchased from TotalEnergies and Vitol Asia.
The government has also decided to directly purchase two LNG cargoes a month from TotalEnergies from October through June, for a total of 18 cargoes.
155,000 Tonnes of Fertiliser to be Imported
The CCGP also approved four proposals to import 155,000 tonnes of fertiliser from Canada, Russia and Saudi Arabia through state-to-state and government-to-government arrangements.
The imports will cost the government Tk 9.82 billion.
Of the total, 80,000 tonnes of muriate of potash (MOP) fertiliser will be imported from Canada and 35,000 tonnes from Russia.
Another 40,000 tonnes of diammonium phosphate (DAP) fertiliser will be imported from Saudi Arabia.
The Bangladesh Agricultural Development Corporation (BADC) will implement the proposals, with the cost to be met from the budget allocated for agricultural subsidies.
The committee also approved the purchase of 10,000 tonnes of lentils for sale at subsidised prices to low-income families holding family cards under the Trading Corporation of Bangladesh.
The lentils will be purchased through a local open tender at a total cost of Tk 768.9 million.
