CCEA gives in-principle nod to import 18 LNG cargoes

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave in-principle approval to a proposal for importing 18 cargoes of Liquefied Natural Gas (LNG) from Total Energies through the direct purchase method to meet the country's emergency gas demand.

The approval was given at the CCEA meeting held at the Cabinet Division in the city with Finance Minister Amir Khosru Mahmud Chowdhury in the chair.

Under the approved proposal, Bangladesh will import two LNG cargoes per month from October 2026 to June 2027.

The agreement will also contain a provision for procuring additional LNG cargoes, if required, subject to mutual consent of the two parties.

The Energy and Mineral Resources Division placed the proposal before the committee.

The emergency direct procurement decision was taken against the backdrop of an unstable geopolitical situation and concerns over energy security arising from the ongoing conflict in the Middle East.