The government of Bangladesh has approved the procurement of two cargoes of liquefied natural gas (LNG) from the international spot market, a move aimed at strengthening the country’s energy supply amid growing demand.
The decision was taken on Wednesday at the 11th meeting of the Cabinet Committee on Government Purchase (CCGP) this year, chaired by Finance Minister Amir Khasru Mahmud Chowdhury at the Bangladesh Secretariat.
Under the Energy and Mineral Resources Division’s proposal, Total Energies Gas & Power Ltd, UK, was selected to supply the 10th and 11th LNG cargoes, scheduled for delivery on 24-25 April and 27-28 April 2026. The price for each cargo is US$19.77 per MMBtu, with a total cost of Tk833.39 crore per shipment.
The committee emphasised that the LNG procurement is a critical step to ensure uninterrupted energy supply for electricity generation and industrial needs, particularly as the country continues to expand its power infrastructure.
Alongside LNG, the meeting also approved the purchase of refined palm oil, fertiliser, vaccines, and SPC poles for power distribution projects. While these approvals support food security, public health, and electricity distribution, energy officials highlighted that the LNG imports remain a top priority due to the country’s reliance on gas for power generation.
Officials said the timely arrival of these cargoes would help maintain stable fuel supplies, support industrial operations, and prevent potential energy shortfalls during the peak demand season.
The CCGP also reviewed procurement proposals from multiple ministries, underscoring a coordinated approach to meeting the nation’s energy, industrial and public service requirements.
