Saturday | 18 January 2025 | Reg No- 06
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Saturday | 18 January 2025 | Epaper

Govt to buy soybean, palm oil, LNG, fertiliser, other essentials

Published : Wednesday, 11 December, 2024 at 8:29 PM  Count : 1088

The government will procure lentil, unpacked soybean oil, palm oil, LNG, fertiliser, crude and refined petroleum oil.

The Advisers Council Committee on Government Purchase in a meeting, with Finance Advisor Dr Salehuddin Ahmed in the chair approved a number of proposals of different ministries in this regard on Wednesday.
It also approved printing of textbooks for students.

Approving the proposals, Dr Salehuddin Ahmed said the government has been promptly approving different proposals to buy essential commodities which reflects the cordial intention of the government to keep the market stable through ensuring smooth supply.

As per proposals, moved by the Commerce Ministry, the Trading Corporation of Bangladesh (TCB) will purchase 10,000 metric tons (MTs) of red lentils, 38.10 lakh litres of loose soybean oil, 1.10 lakh litres of palm oil for its Open Market Sale (OMS) programme.

Of these, Nabil Naba Foods Limited won a contract through open tender to supply 10,000 MTs of lentil at Tk 95.97 crore with each kg at Tk 95.97. Each bag contains 50 kg lentils.

S Alam Super Edible Oil Ltd will supply 38.10 lakh litres of refined loose soybean oil under direct purchase method (DPM) at a cost of Tk 53.34 crore, with each litre at Tk 140, while the same company will supply 1.10 lakh refined loose palm oil at a cost of Tk 143 crore with each litre at Tk 130.

The Bangladesh Oil Gas and Petroleum Corporation – Petrobangla will import one cargo of LNG through international quotation from the international spot market.

Vitol Asia Pte. Ltd, Singapore will supply the cargo at a cost of Tk 708.55 crore, with each MMBtu at $15.02.

The Bangladesh Petroleum Corporation (BPC) will import 600,000 MT of Murban Crude petroleum from Abu Dhabi National Oil Company (ADNOC) of UAE at a cost of Tk 5208.364 crore for the year 2025 while it will import 700,000 MT of Arabian Light Crude (ALC) from Saudi Arabian Oil Company (SAUDI ARAMCO) at a cost of Tk 6025.206 crore.

The committee also approved a proposal to import refined petroleum through international; quotation from Unipec Singapore Pte Ltd', Singapore; Vitol Asia Pte-Ltd., Singapore and Co OQ Trading Limited, Dubai' UAE at a cost of Tk 1,070.164 crore. However, the quantity was not mentioned in the brief proposal.

The Bangladesh Chemical Industries Corporation (BCIC) will import 30,000 MTs of bulk granular urea fertilizer at Tk 223.23 crore from SABIC Agri-nutrients Company, Saudi Arabia.

The Bangladesh Agriculture Development Corporation (BADC) will import 30,000 MT of MOP fertiliser from JSC Foreign Economic corporation "Prodintorg at Tk 104.31 crore, 40,000 MT of DAP fertiliser from OCP NUTRCROPS of Morocco at Tk 280.68 crore, another 30,000 MT of TSP at Tk 252.46 crore from the NUTRCROPS of Morocco.

The committee also approved awarding of contracts to different suppliers for printing and supplying of textbooks to distribute those among the students at free of cost.

END/SZA

Related topic   Subject:  Govt   soybean   palm oil   LNG   fertiliser   other essentials   


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