Govt defers proposal to buy LNG from JERAGM pending legal vetting
Dhaka, Oct. 25 -- The government has deferred a proposal seeking approval to purchase liquefied natural gas (LNG) directly from Japan's JERA Global Markets Pte Ltd (JERAGM), pending legal vetting by the Legislative and Parliamentary Affairs Division.
The decision was taken at the 35th meeting of the Cabinet Committee on Economic Affairs held on Saturday, where a single proposal from the Energy and Mineral Resources Division was placed for discussion.
Finance Minister Amir Khosru Mahmud Chowdhury presided over the meeting.
The proposal sought approval in principle to procure LNG from JERAGM through the direct procurement method under Section 68 of the Public Procurement Act, 2006, and Rule 99(2) of the Public Procurement Rules, 2025.
I...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.