Dhaka, July 28 -- The Cabinet Committee on Economic Affairs on Tuesday approved a proposal to shorten the tender submission period for importing refined petroleum products.

It also approved another proposal to process a liquefied natural gas (LNG) supply deal with Gunvor USA LLC through the government-to-government (G2G) route.

Both the proposals came from the Energy and Mineral Resources Division.

Finance Minister Amir Khosru Mahmud Chowdhury presided over the meeting held at the Bangladesh Secretariat.

The committee gave nod to the proposal for reducing the tender preparation and submission period from 42 days to 21 days for the import of refined petroleum products by the Bangladesh Petroleum Corporation (BPC) through open internati...