Business & Economy

Government approves six LNG cargoes from BP and QatarEnergy

The government has approved six LNG cargoes: five from BP Singapore and one from QatarEnergy Trading. The Finance Ministry disclosed the decision on Sunday after Saturday’s procurement meeting. Prices are linked to the Japan–Korea Marker benchmark, with specified discounts; approval does not mean the cargoes have already arrived.

Bengal Brief · 25 October 2026 · 1 min read

From 26 October 2026 — Daily Brief

26 OCT 2026 · 17/25

The government has approved the purchase of six cargoes of liquefied natural gas from BP Singapore and QatarEnergy Trading to meet domestic gas demand.

The Finance Ministry disclosed the decision on 25 October following the Cabinet Committee on Government Purchase meeting the previous day. Five cargoes are to come from BP Singapore and one from QatarEnergy Trading.

The BP cargoes are priced at 17 US cents per million British thermal units below the Japan–Korea Marker benchmark. The QatarEnergy cargo is priced at 10 cents below that benchmark.

Because the prices are benchmark-linked, these discounts should not be mistaken for fixed total cargo prices.

A separate proposal involving JERA Global Markets was left for consideration at a later meeting after legal vetting. The approvals concern procurement arrangements, rather than confirmation that the six shipments have reached Bangladesh.

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