, Nov. 18 -- The government on Tuesday approved a proposal to import one cargo of liquefied natural gas (LNG) from Singapore to meet the country's growing energy demand.

The approval came from a meeting of the Advisers Council Committee on Government Purchase (CCGP) held at the secretariat with Finance Adviser Dr Salehuddin Ahmed in chair.

Following a proposal from the Energy and Mineral Resources Division, Petrobangla will procure one cargo of LNG from the spot market through BP Singapore Pte Limited, Singapore, using an international quotation method.

The purchase is estimated to cost around Tk 489.88 crore, with the price per MMBtu of LNG set at $11.64.

The committee also approved several major infrastructure-related proposals incl...