The Bangladesh energy and food import approval has cleared fresh procurement worth over Tk 2,468 crore, including refined soybean oil and liquefied natural gas (LNG), underscoring continued pressure on fuel supply management and food market stability.
The Cabinet Committee on Government Purchase approved the proposals on Thursday at a meeting held at the Secretariat, chaired by Finance Minister Amir Khosru Mahmud Chowdhury.
Under the decisions, the Ministry of Commerce will import two crore litres of refined soybean oil through international open tender at a cost of around Tk 282.57 crore. Indonesia-based PT Trinity Cahya Energy has been selected as the recommended bidder, with supply sourced from Europe and the European Union.
In a separate approval, the Energy and Mineral Resources Division secured permission to import three LNG cargoes from the spot market at an estimated cost of Tk 2,186.35 crore. The procurement will be completed through international quotation collection.
The LNG shipments are scheduled for delivery in June 2026, between 8–9 June, 9–10 June and 14–15 June. The recommended suppliers include Vitol Asia Pte Ltd and BP Singapore Pte Ltd, along with Gunvor Singapore Pte Ltd, all based in Singapore.
The latest LNG procurement comes amid continued volatility in global gas markets, where spot prices have been influenced by supply tightness, seasonal demand and shifting trade flows. Bangladesh remains heavily dependent on imported LNG to stabilise power generation, particularly during peak electricity demand periods.
Officials said the combined imports reflect ongoing efforts to maintain energy security and manage inflationary pressure in essential commodities, particularly edible oil and gas, which remain sensitive to international price movements.
The decisions also highlight Bangladesh’s reliance on global commodity markets, where geopolitical tensions and shipping route uncertainties continue to affect procurement costs and delivery schedules.
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