Dhaka, March 8 -- Bangladesh's state-run Rupantarita Prakritik Gas Company Ltd (RPGCL) intends to buy two more spot LNG cargoes during the second half of the current month before the ensuing Eid-ul-Fitr to meet mounting demand during Ramadan.

The RPGCL has already floated tenders to purchase the spot liquefied natural gas (LNG) cargoes for March 25-26 and March 30-31 delivery windows, said a senior RPGCL official.

If these two tenders become successful, Bangladesh will be able to bag five spot LNG cargoes for March deliveries, which would be the highest LNG purchase from spot market in a single month.

The country's energy demand is expected to go up during Ramadan and subsequent months afterwards to meet growing demand for irrigation a...