Petrobangla
National Gas corporation of Bangladesh From Wikipedia, the free encyclopedia
Bangladesh Oil, Gas & Mineral Corporation (Petrobangla; Bengali: পেট্রোবাংলা) is a government-owned oil, gas and mineral exploration and distribution corporation of Bangladesh.[1] It has the mandate to explore, produce, transport, manage and sell oil, natural gas and other mineral resources. It also concludes production-sharing agreements with international oil companies for exploration and development of oil, gas and mineral resources in Bangladesh.[2]
Seal of Petrobangla | |
 Petrobangla Building | |
| Company type | Public |
|---|---|
| Industry | Oil, Gas and mineral exploration and distribution Industry |
| Predecessor | Bangladesh Oil, Gas and Mineral Corporation |
| Founded | 26 March 1972 |
| Headquarters | Kawran Bazar, Dhaka, Bangladesh |
Area served | Bangladesh |
Key people | Abul Mansur Md Faizullah |
| Products | Oil and gas Minerals |
| Revenue | $ 112.1 billion (2016) |
| ($ 900 million (2016)) | |
| Total assets | $ 118.6 billion (2016) |
| Subsidiaries | BAPEX |
| Website | www |
History
Petrobangla was founded in 1985 (Notification of Ordinance-21 in April 11 1985) by merging two government organizations Bangladesh Oil & Gas Corporation (BOGC) and Bangladesh Mineral Exploration and Development Corporation (BMEDC) into Bangladesh Oil, Gas and Mineral Corporation(BOGMC).[3] To import liquefied natural gas, Petrobangla signed an agreement with Gunvor Singapore in 2018.[4] In September 2019, QatarEnergy LNG delivered the first cargo of liquefied natural gas from a Q-Flex vessel to Petrobangla's Floating Storage and Regasification Unit off Bangladesh.[5] In January 2020, PetroBangla and Gazprom signed a Memorandum of Understanding for strategic cooperation.[6][7]
The group's current Chairman, Nazmul Ahsan, was appointed in December 2021[8] replacing Abdul Fattah who had become chairman in January 2020.[9][10]
Gas distribution companies
Gas Transmission Companies
References
External links
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