This time, the federal government has taken the initiative to import liquefied herbal fuel (LNG) from Brunei. With a view to put in force this initiative of the federal government, the Advisory Council Committee on Financial Affairs has given in precept popularity of the acquisition of LNG from Bruin on a G-to-G foundation.
The federal government has been uploading LNG for the previous few years to fulfill the rustic’s power wishes. But even so, LNG could also be imported from the spot marketplace. At the moment LNG is being imported beneath Grasp Sale and Acquire Settlement with 23 corporations. Along side this, it was once determined to import LNG from Brunei.
On Wednesday (November 13) within the convention room of the Cupboard Department on the Secretariat, within the assembly of the Advisory Committee on Financial Issues held beneath the chairmanship of Finance Adviser Salehuddin Ahmad, this coverage approval was once given for the acquisition of LNG from Brunei on a G-to-G foundation.
In step with the assets of the assembly, the committee has given precept popularity of the acquisition of LNG within the direct acquire procedure from Brunei Power Services and products and Buying and selling Sdn Bhd Best possible on a G-to-G foundation. An MoU was once signed on April 22, 2019 on LNG provide cooperation between Bangladesh and Brunei. Later the time period was once prolonged for five years.
Pursuant to the signed MoU, the Brunei Govt nominated entity on 10 Might 2024 proposed to offer 12-18 cargoes of LNG according to yr (0.75-1.25 MTPA) for a duration of 10 years from 2024 via Brunei Power Services and products and Buying and selling Sdn Bhd (BEST). .
The Technical Committee negotiates more than a few phrases of the contract with BEST. The marketing consultant of the Ministry of Energy, Power and Mineral Assets agreed to this. On this state of affairs, with a view to meet the rustic’s present and extending fuel call for and to make sure fuel provide to energy, fertilizer, business and different sectors, the proposal to buy LNG from Brunei on a long-term G-to-G foundation in the course of the direct acquire procedure according to Segment 68 of PPA 2006 is gifted for in-principle approval. The committee licensed it.
In the meantime, in view of the proposal of the Ministry of Early life and Sports activities within the assembly of the Advisory Council Committee on Financial Issues, Segment 68 of the Public Procurement Act 2006 and Rule 76(2) of the Public Procurement Laws 2008 [তফসিল-০১, ৭৬(১)(ট)] In step with the rise in the associated fee restrict of the ministry within the running finances sector and within the mild of phase 68, 32 of the Public Procurement Act 2006, direct acquire approach has been given principled popularity of pressing wishes.
MAS/MAH/GKS
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