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Bangladesh nods import of refined petroleum, LNG
State-owned Bangladesh Petroleum Corporation will import 1.85 million (18.50 lakh) tonnes of refined petroleum from State-owned suppliers of different countries on the G2G basis in the first half (January-December of 2024).
Dr.G.R.Balakrishnan Jan 04 2024 Logistics News (Roadways & Railways)

Bangladesh nods import of refined petroleum, LNG

The Energy and Mineral Resources Division placed the proposal on behalf of the BPC while Finance Minister AHM Mustafa Kamal presided over the virtually held meeting.The BPC will need to spend Tk 15,082.86 crore to import the entire bulk petroleum.

As per another proposal, approved by the committee, the state-owned Petrobangla will import 33.60 lakh MMBtu of liquefied natural gas (LNG) from Excelerate Energy LP, USA at a cost of Tk 542.26 crore under the Speedy Increasing of Power and Energy Supply Act (special provision) 2021.

Some four proposals, placed by the Power Division, also received approval of the CCGP.