The Bangladesh government has approved the purchase of one cargo of liquefied natural gas (LNG) from Singapore at a cost of approximately Tk 490 crore. The decision was made during a meeting of the Cabinet Committee on Government Purchase, chaired by Economic Adviser Dr. Salahuddin Ahmed. Petrobangla invited bids from 24 companies with existing Master Sale and Purchase Agreements (MSPA), and four firms submitted offers. BP Singapore Private Limited emerged as the lowest bidder, offering LNG at a rate of USD 11.64 per MMBtu. The cargo, totaling about 3.36 million MMBtu, will be imported through the international spot market. Officials said the procurement aims to ensure adequate energy supply amid rising domestic demand and global fuel price fluctuations. The approval reflects Bangladesh’s continued reliance on imported LNG to meet its growing energy needs.