BSS
  23 Jan 2024, 18:00

Govt to procure 2.60 lakh MTs fertilizer, 33.60 lakh MMBtu LNG

DHAKA, Jan 23, 2024 (BSS) - The government today approved separate proposals
for procuring some 2.60 lakh metric tons of fertilizer and 33.60 lakh MMBtu
LNG to meet the growing demand of the country.

The approvals came from the 1st meeting of the Cabinet Committee on
Government Purchase (CCGP) in this year held today at Bangladesh Secretariat
with Finance Minister Abul Hassan Mahmood Ali in the chair.

According to the Cabinet Division, the CCGP meeting approved a proposal from
the Energy and Mineral Resources Division under which Petrobangla would
procure one cargo or 33.60 lakh MMBtu LNG from M/S Total Energies Gas & Power
Ltd. Switzerland with around Taka 470.49 crore where per MMBtu LNG would cost
$10.88.

Following separate proposals from the Ministry of Agriculture, the Bangladesh
Agricultural Development Corporation (BADC) will procure 40,000 metric tons
of DAP fertilizer from MA'ADEN, Saudi Arabia under the 1st lot under state-
level agreement with around Taka 259.16 crore where per ton fertilizer would
cost $589 while the BADC will procure 30,000 metric tons of TSP fertilizer
from OCP, SA, Morocco under the 3rd lot under state-level agreement with
around Taka 127.38 crore where per ton fertilizer would cost $386.

In another proposal, the BADC will purchase 40,000 metric tons of DAP
fertilizer from OCP, SA, Morocco under the 3rd lot under state-level
agreement with around Taka 240.90 crore where per ton fertilizer would cost
$547.50 while the BADC will import 30,000 metric tons of MOP fertilizer from
JSC Foreign Economic Cooperation (Prodintorg), Russia under state-level
agreement under the 4th lot with around Taka 99.70 crore with per ton
fertilizer costing $302.10.

In separate proposals, Bangladesh Chemical Industries Corporation (BCIC)
under the Ministry of Industries would procure 30,000 metric tons of bulk
granular urea fertilizer from Muntajat, Qatar under state-level agreement
under 10th lot with around Taka 103.43 crore where per ton fertilizer would
cost $313.42 while the BCIC will procure 30,000 metric tons of bagged
granular urea fertilizer from KAFCO, Bangladesh under the 13th lot with
around Taka 104.49 crore with per ton fertilizer costing $316.62.

The BCIC will procure another consignment of 30,000 metric tons of bulk
granular fertilizer from SABIC Agri-Nutrients Company, Saudi Arabia with
around Taka 103.43 crore where per ton fertilizer would cost $313.42 while
the BCIC will purchase another consignment of 30,000 metric tons of bulk
granular urea fertilizer from SABIC Agri-Nutrients Company, Saudi Arabia
under state-level agreement under the 12th lot with around Taka 103.43 crore
where per ton fertilizer would cost $313.42.

Following three separate proposals from the Ministry of Commerce, the state-
run Trading Corporation of Bangladesh (TCB) would procure 1.20 crore liters
of rice bran oil from Majumdar Products Ltd.; Majumdar Bran Oil Mills Ltd and
Ali Natural Oil Mills & Agro Industries Ltd under the Direct Procurement
Method (DPM) with around Taka 189.60 crore with per liter oil costing Taka
158.

The TCB will procure 10,000 metric tons of lentil from Uma Expo Pvt. Ltd.,
India with around Taka 96.14 crore where per kg lentil would cost Taka 101.13
while the TCB will procure another consignment of 10,000 metric tons of
lentil from Roy Agro Food Products Ltd., Bogura; and Nabil Naba Foods Ltd.,
Dhaka with around Taka 105.45 crore where per kg lentil would cost Taka
105.45.