Bangladesh Directly Buys Eight LNG Cargoes Amid Energy Needs

The Bangladeshi government has approved the direct procurement of eight liquefied natural gas (LNG) cargoes to meet emergency domestic energy needs.

The approval came at the 24th meeting of the Cabinet Committee on Economic Affairs, where four separate proposals from the Energy and Mineral Resources Division were accepted.

Instead of open tendering, the Direct Procurement Method (DPM) was chosen to ensure quick delivery of the fuel and safeguard national energy security.