Dhaka, Oct. 14 -- Amid the energy crisis caused by the war in West Asia, the Cabinet Committee on Public Procurement has approved a proposal to buy nine cargoes of liquefied natural gas (LNG) from Trafigura Group Pte Ltd.

The price for this supply from December 2026 to 2027 is set at $0.10 per MMBTU below the JKM index, the leading LNG price index in northeast Asia.

The number of cargoes can be increased or decreased with the consent of both parties, the Ministry of Finance said, announcing the decision after the 49th meeting of the committee on Tuesday.

On the same day, the 33rd meeting of the Cabinet Committee on Economic Affairs in 2026 recommended approving in principle two LNG purchase proposals from the Energy and Mineral Resourc...