DHAKA, Mar 11, (V7N) – In a major step towards strengthening the country’s energy security, the government today recommended a proposal to purchase three LNG cargoes from the international spot market for delivery in early April 2026.

The approval came from the 8th meeting of the Cabinet Committee on Government Purchase this year, and the first under the new government, chaired virtually by Finance Minister Amir Khosru Mahmud Chowdhury.

Officials said the Energy and Mineral Resources Division proposed the procurement under Rule 105(3)(Ka) of the Public Procurement Rules 2025 through international quotation According to the proposal:

Total Energies Gas & Power Ltd., UK will supply one cargo at US$21.58 per MMBtu (estimated Tk 907.84 crore).

Posco International Corporation, South Korea will supply two cargoes at US$20.76 per MMBtu each (estimated Tk 873.34 crore per cargo).

The committee recommended approval of the proposals to ensure uninterrupted gas supply for power generation and industrial activities.

Officials noted that the government continues to procure LNG from the spot market to meet growing domestic demand and maintain stability in the national energy supply system.

END/AJ/RH