The government is importing 33.60 lakh MMBtu LNG at a lower rate of $26.40 per MMBtu from Singapore spot market to meet the growing demand.
The spot market price of the previous lot of Liquefied Natural Gas (LNG) was $29.25 per MMBtu.
Finance Minister AHM Mustafa Kamal chaired the meeting.
Briefing reporters virtually after the meeting, Cabinet Division Additional Secretary Md Zillur Rahman Chowdhury said PetroBangla would procure 33.60 lakh MMBtu LNG from M/S Vitol Asia Pte Ltd, Singapore at a cost of around Tk 9.09 billion.
The meeting approved a total of eight proposals including the LNG procurement proposal of state-run Petrobangla.
He informed that the meeting also approved a variation proposal of the Civil Aviation Authority under Civil Aviation and Tourism Ministry to appoint Nippon Koei Co Ltd as a consultant of the 'Detailed Feasibility Study of Bangabandhu Sheikh Mujib International Airport Project (1st Revision).
Through the variation, he said, the cost will increase by Tk 132.6m. CCGP also approved a proposal of the BRTA under the Road, Transport and Highway Division to procure around 30.45 lakh number plates and same number RFID tags, over 1.10 lakh replaceable number plates and RFID tags and 40.35 lakh digital registration certificates from Bangladesh Machine Tools Factory (BMTF) for Tk 8.35bn. The meeting also approved a variation proposal of the Roads and Highways Department to procure public works under 'Up-gradation of District Highways to Appropriate Standards and Widths (Barisal Zone)" Project Package No WP-10 from joint venture of Rana Builders Pvt Ltd and Dhaly Construction Ltd and Hassan Techno Builders Ltd.
CCGP also approved a variation proposal of the Shipping Authority to appoint ANSE Technologies as a consultant under the "Establishment of Global Maritime Distress and Safety System and Integrated Maritime Navigation System (EGIMNS)" project.
Through the variation, he said, the cost will increase by Tk 103.4m.
The meeting also approved a proposal of the Bangladesh Agricultural Development Corporation (BADC) to import 40 thousand Metric tons DAP Fertilizer from OCP, SA Morroco with around Taka 4.07bn.