Bangladesh has approved the import of one cargo of liquefied natural gas from Singapore to maintain normal gas supplies and meet rising energy demand. The government procurement-related Cabinet Committee approved the proposal at a meeting at the Secretariat chaired by Finance Minister Amir Khasru Mahmud Chowdhury on July 30, 2026. The total cost for the cargo is Tk949 crore, 43 lakh, 12 thousand and 184, including advance income tax.

Under a proposal from the Energy and Mineral Resources Division, the LNG will be purchased through an international quotation process under Rule 105, sub-rule (3), clause (a) of the Public Procurement Rules, 2025. The shipment is scheduled for delivery between August 15 and 16 and will be the country’s 42nd LNG cargo.

Singapore-based Vitol Asia Private Limited was selected as the lowest bidder. The company will supply LNG at $22.35 per MMBtu. The proposal received final approval following the recommendation of the government procurement-related Cabinet Committee. The import is intended to keep supplies continuing for industrial, power and other sectors amid the existing gas supply situation.