They have come up to close down deals, seeing the growing demand of LNG in the country and consistent purchase of LNG from both long-term suppliers and spot market.

Currently, the country is importing LNG under long-term deals from two state-run global suppliers – Qatar’s Qatargas and Oman’s Oman Trading International (OTI).

Petrobangla inked LNG sales and purchase agreements (SPAs) with them following G2G negotiation.

Petrobangla started regular import of LNG from September 9, 2018.

The entity inked the country’s first-ever sales and purchase agreement with Qatar’s RasGas on September 25 last year to buy annually around 2.5 million tonnes per year (Mtpa) of lean LNG over 15 years.BGMEA Vice President Miran Ali, Directors Tanvir Ahmed and Abdullah Hil Rakib, former Director Ashikur Rahman Tuhin, Unit Leader and General Manager of C&A Sourcing International Ltd Shantanu Singh, Global Logistics Manager (Headquarters) of C&A Sourcing International Ltd Md. Naimul Huda, Director and Shareholder at Hapag-Lloyd Ahmed Yusuf Walid, Vice President at Hapag-Lloyd Shamsuddin A Chowdhury, and General Manager (Sales and Marketing) at Hapag-Lloyd Saiful Arif Siddiqui attended the meeting.

Earlier, BGMEA in a letter requested global apparel buyers through Buyers' Forum, a group of the representatives of major apparel buyers, to nominate as many forwarders as possible to deliver the shipment on time.