Singapore-based energy traders Trafigura Pte Ltd and Vitol Asia Pte Ltd have submitted offers to supply fuel oil to Bangladesh between September and December under an international competitive tender.
The Cabinet Committee on Government Purchase, at a meeting chaired by Finance Minister Amir Khosru Mahmud Chowdhury today (9 September), directed officials to negotiate with the two companies on premiums and reference prices and place the revised offers before the committee at its next meeting.
According to the proposals placed before the committee, Trafigura has offered to supply 220,000-250,000 tonnes of diesel and 50,000 tonnes of Jet A-1 fuel at a proposed total cost of Tk4,803 crore.
Vitol Asia, meanwhile, has offered to supply 200,000-230,000 tonnes of diesel and 40,000 tonnes of Jet A-1 at a proposed cost of Tk4,326 crore.
The companies’ individual quoted prices for diesel and Jet A-1 were not immediately available.
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