Wednesday, 14 October 2026

Government Approves 9 LNG Cargoes and Airport Cost Hike

Business Desk
Disclosure : 14 Oct 2026, 01:10 PM
LNG Carrier Vessel: Photo collected
LNG Carrier Vessel: Photo collected

To tackle an ongoing energy crisis sparked by Middle East tensions, the Cabinet Committee on Public Procurement has approved the import of nine cargoes of liquefied natural gas (LNG) from Trafigura Group Pte Ltd. The shipments is scheduled between December 2026 and 2027 will be priced at $0.10 per MMBTU below the Asian JKM benchmark.

The Cabinet Committee on Economic Affairs also approved in-principle proposals to secure additional LNG through government-to-government and direct procurement channels from major international suppliers like BP Singapore, Shell International and Cheniere Marketing, to ensure uninterrupted national emergency supplies.

Alongside energy security, the committee approved cost revisions and timeline extensions for the Hazrat Shahjalal International Airport Expansion Project. Construction of Terminal 3 currently 99.93 percent complete saw a contract variation increase of Tk.3.61 billion, bringing the construction total to Tk.209.49 billion under the Aviation Dhaka Consortium.

However, spending on consultancy services rose significantly by 52.48 percent, adding Tk.4.05 billion to reach a revised total of Tk.11.77 billion.

Following approval by the Executive Committee of the National Economic Council (ECNEC), chaired by Prime Minister Tarique Rahman, the overall project budget was increased by Tk.8.47 billion and bringing the total cost to Tk.222.13 billion. The completion deadline has been extended by one year to June 2027.

In addition to energy and infrastructure decisions, the procurement committee approved the import of essential commodities with 5,000 metric tonnes of sugar from Meghna Sugar Refinery Limited, alongside bulk shipments of urea MOP and DAP fertilizers from Saudi Arabia, the UAE, Russia and Canada.

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