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Bangladesh Diesel Plant Limited was a government owned corporation under the state owned Bangladesh Steel and Engineering Corporation. It was closed in 2004 because of high losses with 740 million taka in debt. [4] [5] In 2007 the plant was handed over to the Bangladesh Army which was able to make the plant profitable. [4]
As of 2015, the natural gas reserves of Bangladesh is 14.16 trillion cubic feet. [14] The country has an average daily natural gas production of around 2,700 million cubic feet. [15] As of 2024, Bangladesh currently has 29 gas fields, with 20 of them in production. Petrobangla estimates that the proven reserves are at 28.79 trillion cubic feet ...
Bangladesh Petroleum Corporation deposited 50 billion taka to the national treasury. [9] Bangladesh Petroleum Corporation decided to use private oil tanks to store oil as its own tanks were near full capacity in 2020. [10] This was the result of a 60 percent decline in sales following the lockdown during the COVID-19 pandemic in Bangladesh. [10]
Diesel fuel has many colloquial names; most commonly, it is simply referred to as diesel.In the United Kingdom, diesel fuel for road use is commonly called diesel or sometimes white diesel if required to differentiate it from a reduced-tax agricultural-only product containing an identifying coloured dye known as red diesel.
Rupantarita Prakritik Gas Company Limited, also known as RPGCL, is a government owned company in Bangladesh. RPGCL is the forerunner in encouraging the use of Compressed Natural Gas (CNG) as an alternate fuel in the transport sector. People were encouraged to use CNG as a fuel in order to improve the environmental pollution.
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The Consumer Association of Bangladesh deemed the project costly and unnecessary. [21] In January 2022, Institute of Cost and Management Accountants of Bangladesh awarded Meghna Petroleum Limited third prize in the Oil, Gas & Energy Category of the Best Corporate Award 2020. [23]
Bangladesh Petroleum Exploration and Production Company Limited was established in 1989 by the Government of Bangladesh through dissolving the Exploration Directorate of Petrobangla. [3] In October 2017, Bangladesh Petroleum Exploration and Production Company Limited discovered gas in Bhola, Shahbazpur Gas Field. [4]