The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved the procurement of two liquefied natural gas (LNG) cargoes from the spot market at a total cost of Tk1,437.55 crore to help meet the country’s energy demand.

The approval came at a meeting of the CCGP chaired by Finance Minister Amir Khosru Mahmud Chowdhury.

The proposal was placed by the Energy and Mineral Resources Division under Rule 105(3)(a) of the Public Procurement Rules, 2025, through the international quotation method.

Under the proposal, one LNG cargo will be procured from BP Singapore Pte Ltd, while another from TotalEnergies Gas & Power Ltd, UK.