Dhaka: The Cabinet Committee on Government Purchase (CCGP) has approved the acquisition of 2 crore litres of refined palm olein, packaged in 2-litre PET bottles, at a total cost of Tk 368.20 crore. This decision aims to stabilize the supply of edible oil within the domestic market.
According to United News of Bangladesh, the approval came during a meeting of the CCGP held at the National Economic Council, chaired by Finance Minister Amir Khosru Mahmud Chowdhury. The committee also endorsed the purchase of three LNG cargoes from Aramco Trading Singapore Pte Ltd, priced at $23.93 per MMBTU.
The palm olein procurement will be conducted through the Open Tendering Method (OTM), based on a proposal from the Ministry of Commerce. Shabnam Vegetable Oil Industries Limited was recommended as the bidder, offering the oil at a price of Tk 184.10 per litre, culminating in a total procurement cost of Tk 368.20 crore.
In addition, the LNG cargoes were proposed by the Energy and Mineral Resources Division through an international Request for Quotation (RFQ) process. The three cargoes are expected to be delivered during the periods of August 26-27, August 29-30, and September 1-2, 2026. The committee has approved the procurement at a unit price of $23.93 per MMBTU from Aramco Trading Singapore Pte Ltd.
The decisions reflect the government’s ongoing efforts to bolster the supply of essential commodities and fuel to meet domestic demand.