Government approves import of LNG from international spot market

Finance Minister AHM Mustafa Kamal chaired the virtual meeting, in which three other proposals were also approved.

According to the first proposal, Petrobangla will import a cargo containing 3.36 million (33.60 lakh) MMBtu of LNG from TotalEnergies Gas and Power Limited, Switzerland, at a total cost of 5.95 billion taka (595.45 crore), with each unit of LNG selling at US$13.77. . ,

Another LNG cargo of similar volume will be imported by Petrobangla from Vitol Asia Pte Ltd, Singapore at a cost of Tk 6.74 billion (₹674.35 crore), each unit priced at US$14.90.

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