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Petrobangla

From Wikipedia, the free encyclopedia

Bangladesh Oil, Gas & Mineral Corporation (Petrobangla)
TypePublic
IndustryOil, Gas and mineral exploration and distribution Industry
PredecessorBangladesh Oil, Gas and Mineral Corporation
Founded26 March 1972
HeadquartersKawran Bazar, Dhaka, Bangladesh
Area served
Bangladesh
Key peopleAbul Mansur Md Faizullah
ProductsOil and gas
Minerals
RevenueIncrease $ 112.1 billion (2016)
 ($  900 million (2016))
Total assetsIncrease $ 118.6 billion (2016)
SubsidiariesBAPEX
Websitewww.petrobangla.org.bd

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 the exploration and development of oil, gas and mineral resources in Bangladesh.[2]

History

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Victory Day celebration by PetroBangla

Petrobangla was established in 1974 (under Ordinance-21, dated 11 April 1985) through the merger of two government organizations — the Bangladesh Oil & Gas Corporation (BOGC) and the Bangladesh Mineral Exploration and Development Corporation (BMEDC) — forming the 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 Russia's Gazprom signed a Memorandum of Understanding for strategic cooperation.[6][7]

The group's current chairman is Md Abdul Mannan.[8] A previous chairman was Nazmul Ahsan, appointed in December 2021,[9] replacing Abdul Fattah who was appointed in January 2020.[10][11]

Gas distribution companies

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Coal Production company

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Gas Transmission Companies

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References

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  1. ↑ "Petrobangla". banglapedia.org.
  2. ↑ Amarsys. "Bangladesh: Gazprom in talks with Petrobangla to drill gas wells". energy-pedia.com.
  3. ↑ ":: PETROBANGLA". petrobangla.org.bd. Archived from the original on 9 August 2016. Retrieved 1 August 2013.
  4. ↑ "Petrobangla signs multiple LNG import agreements". eiu. 25 September 2017. Retrieved 4 December 2020.
  5. ↑ "Qatargas delivers first Q-Flex LNG cargo to Petrobangla". Hellenic Shipping News. 23 September 2019. Retrieved 24 September 2019.
  6. ↑ "Gazprom and Petrobangla sign MOU". lngindustry. 31 January 2020. Retrieved 4 December 2020.
  7. ↑ "Gazprom and Petrobangla sign Memorandum of Understanding". gazprom. 29 January 2020. Retrieved 10 December 2020.
  8. ↑ "বাংলাদেশ তেল, গ্যাস ও খনিজসম্পদ কর্পোরেশন (পেট্রোবাংলা), Chairmans List of Petrobangla". Retrieved 24 May 2026.
  9. ↑ "Nazmul Ahsan joins as new chairman of Petrobangla". unb.com.bd. Retrieved 20 June 2022.
  10. ↑ "Petrobangla gets new chairman". dhakatribune. 13 January 2020. Retrieved 10 December 2020.
  11. ↑ "Abdul Fattah joins Petrobangla as new chairman". unb. 13 January 2020. Retrieved 10 December 2020.
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