বাংলা | Epaper

বাংলা E-Paper 📍 Dhaka 📅 Friday | 7 August 2026, 23 Srabon 1433

HEADLINE

● No room for negligence in curbing river pollution: PM ● Most of Hasina's family members, relatives currently abroad ● President election on Aug 20 ● Moheshkhali LNG terminal resumes partial operation ● Flood threat in 3 divisions ● 11-party alliance announces 'Long Marches' on Sept 5 ● Gas crisis, price hike spark 11-party alliance protest in Dhaka

Govt approves purchase of 8 LNG cargoes, 5,000 tonnes of LPG

Published : Thursday, 6 August, 2026 at 8:05 PM

Observer Online Report

The government has given in-principle approval to procure eight cargoes of liquefied natural gas (LNG) and 5,000 metric tonnes of liquefied petroleum gas (LPG) through direct purchase from the international market to meet the country’s urgent energy needs.

The approval was given at a meeting of the Cabinet Committee on Economic Affairs at the Secretariat on Thursday (August 6), chaired by Finance Minister Amir Khosru Mahmud Chowdhury.

The committee approved the purchase of 5,000 tonnes (±5%) of LPG from Speed Marketing Corporation (Speed Group) to meet emergency demand, increase the government’s share of the LPG market and maintain market stability.

The LPG will contain 35-40% propane and 60-65% butane and will be purchased at a premium of $97 per tonne on a CFR basis over Saudi Aramco’s contract price (CP).

The committee also approved four separate proposals to procure eight LNG cargoes through direct purchase to meet urgent gas demand amid geopolitical tensions surrounding the Iran conflict and the US-Israel war.

Under the approved proposals, two cargoes each will be purchased from UK-based Blackcube International Ltd, Australia-based Global Fuel Supplies Pte Ltd, Malaysia’s Plenitude Energy Sdn Bhd and Oman-based Maxwell International SPC.

Also read

Hasina’s statement from India harmful to bilateral ties: Alal

HC bans road construction through reserved forest land

Asif Mahmud sends legal notice to BNP MP Beethika

Jamaat-NCP decline has begun: Rashed Khan

Bangladesh Bank, RAB to strengthen cooperation to curb cybercrime

PM to decide on India visit for BRICS summit: State minister

12 senior DMP officers transferred

British High Commissioner meets Nahid Islam, Asif Mahmud

Editor : Iqbal Sobhan Chowdhury

Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Advertisement: 41053012; 01793317829, 01550707291, E-mail: [email protected], ‍[email protected] Online: email: [email protected] 41053014; 01550707297 Advertisement: 01550707296

🔝