DHAKA — Bangladesh's Cabinet Committee on Government Purchase (CCGP) has recommended approval to procure six liquefied natural gas (LNG) cargoes from BP Singapore Pte Limited and Qatar Energy Trading LLC, The Business Standard reported on Sunday, citing a Cabinet Division press release. Finance Minister Amir Khosru Mahmud Chowdhury chaired the committee's 51st meeting of 2026, held virtually on Saturday, the paper said. Energy Tribune, reporting the same Cabinet Division announcement, said the committee considered two proposals from the Energy and Mineral Resources Division and recommended approval for both.

Source: The Business Standard, reporting the Cabinet Division press release, Oct 25, 2026

Five of the cargoes would come from BP Singapore through direct procurement under Section 68 of the Public Procurement Act, 2006 and Rule 99(2) of the Public Procurement Rules, 2025, at a price of the Japan Korea Marker (JKM) benchmark minus $0.17 per million British thermal units (MMBtu), Energy Tribune reported. The arrangement also allows additional cargoes if required, subject to mutual agreement, it said. The Business Standard reported the same $0.17-per-MMBtu discount to the JKM benchmark for the BP Singapore cargoes.

Source: Energy Tribune, Oct 25, 2026

The sixth cargo would come from Qatar Energy Trading LLC on a government-to-government basis under an existing long-term contract, scheduled for delivery on 20 December 2026, at JKM minus $0.10 per MMBtu — a price different from the existing contract rate, both outlets reported. Separately, a proposal to negotiate a direct short-term LNG sale and purchase agreement with Japan's JERA Global Markets Pte Limited was deferred: The Business Standard said the Cabinet Committee on Economic Affairs decided to place the JERA proposal before its next meeting after vetting by the Legislative and Parliamentary Affairs Division.

Source: The Business Standard, reporting the Cabinet Division press release, Oct 25, 2026

6LNG cargoes recommended for purchase
5cargoes from BP Singapore, at JKM minus $0.17/MMBtu
1cargo from Qatar Energy Trading, delivery 20 Dec 2026
60%share of Bangladesh's 2025 LNG imports supplied by Qatar (Asia Daily)

The purchases land against a tight supply backdrop. Qatar supplied about 60 percent of Bangladesh's LNG import requirements in 2025, and QatarEnergy had been scheduled to send around 40 cargoes in 2026, of which about 20 could be affected by the Hormuz disruption, leaving expected deliveries at roughly half the planned total, Asia Daily reported, citing Petrobangla chairman Md Arfanul Hoque on the search for spot-market alternatives. Bangladesh bought 49 spot LNG cargoes during 2025 and had already bought 35 by July 2026, Asia Daily said. Earlier this month Bangladesh also approved nine LNG cargoes from Trafigura for delivery between December 2026 and December 2027 at JKM minus $0.10 per MMBtu, as it seeks to secure fuel amid persistent domestic gas shortages and rising demand, TOB News reported on October 14.

Source: Asia Daily, reporting Petrobangla and supplier figures, Oct 2026

What is solid

  • The CCGP recommended six LNG cargoes — five from BP Singapore and one from Qatar Energy Trading — according to a Cabinet Division press release reported by both The Business Standard and Energy Tribune on Oct 25, 2026.
  • BP Singapore price: JKM minus $0.17 per MMBtu, via direct procurement; Qatar cargo price: JKM minus $0.10 per MMBtu, delivery scheduled 20 December 2026 (both outlets).
  • The JERA Global Markets direct-procurement proposal was not approved at this round — it was deferred to the next Economic Affairs committee meeting pending legislative vetting (The Business Standard).

What is only claimed

  • The Business Standard's report refers to both a 50th meeting approving the BP proposal and the 51st meeting, held virtually on Saturday, recommending the six cargoes; the exact meeting at which each element was cleared is stated differently in its own text, so this story attributes the recommendation to the Cabinet Division press release as both outlets reported it.
  • How many of QatarEnergy's roughly 40 planned 2026 cargoes for Bangladesh will actually be lost to the Hormuz disruption is an estimate (about 20, per Asia Daily's reporting of supplier and Petrobangla figures), not a confirmed shortfall.