PM Directs LNG Procurement from Spot Market amid ME Crisis

In the wake of the con?ict across the Middle East following attacks by the United States and Israel on Iran, Prime Minister Tarique Rahman has directed authorities concerned to procure the necessary lique?ed natural gas (LNG) from the spot market.

as per the PM’s instructions, the Energy and Mineral Resources Division has taken the initiative to purchase at least four LNG cargoes from the spot market during March, sources in the division said on 3 March.

according to the sources, amid the escalating con?ict in the Middle East, the Energy and Mineral Resources Division briefed the PM today regarding the overall energy situation in both the public and private sectors.

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