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]
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 | US$112.1 billion (2016) |
(US$900 million (2016)) | |
Total assets | US$118.6 billion (2016) |
Subsidiaries | BAPEX |
Website | www |
History
editPetrobangla was founded in 1985(Notification of Ordinance-21 in 11-April,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
editReferences
edit- ^ "Petrobangla". banglapedia.org.
- ^ Amarsys. "Bangladesh: Gazprom in talks with Petrobangla to drill gas wells". energy-pedia.com.
- ^ ":: PETROBANGLA". petrobangla.org.bd. Archived from the original on 9 August 2016. Retrieved 1 August 2013.
- ^ "Petrobangla signs multiple LNG import agreements". eiu. 25 September 2017. Retrieved 4 December 2020.
- ^ "Qatargas delivers first Q-Flex LNG cargo to Petrobangla". Hellenic Shipping News. 23 September 2019. Retrieved 24 September 2019.
- ^ "Gazprom and Petrobangla sign MOU". lngindustry. 31 January 2020. Retrieved 4 December 2020.
- ^ "Gazprom and Petrobangla sign Memorandum of Understanding". gazprom. 29 January 2020. Retrieved 10 December 2020.
- ^ "Nazmul Ahsan joins as new chairman of Petrobangla". unb.com.bd. Retrieved 20 June 2022.
- ^ "Petrobangla gets new chairman". dhakatribune. 13 January 2020. Retrieved 10 December 2020.
- ^ "Abdul Fattah joins Petrobangla as new chairman". unb. 13 January 2020. Retrieved 10 December 2020.
- ^ a b c d e f "Bangladesh Oil, Gas & Mineral Corporation (Petrobangla)". www.petrobangla.org.bd. Retrieved 12 July 2022.
External links
edit