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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 ...
In March 2019, Sundarban Gas Distribution Company along with three other state owned distribution companies sought permission from Bangladesh Energy Regulatory Commission to increase the price of the gas they supplied. [10] There was a hearing on the proposed hike and Gano Forum threatened street protests unless the price hike was cancelled. [11]
On the merger of the two projects in 1977, formal gas distribution in Sylhet town started in 1978. With the implementation of Sylhet Tea Estate Gas Supply Project-1, Sunamgonj Town Gas Supply Project, Kailashtilla-Chhatak Pipeline Project and Chhatak Town Gas Supply Project, the Gas Supply network recorded a significant expansion in the region.
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]
The Bakhrabad Gas Distribution company's calls for raising the price of gas in 2016 was denied by Bangladesh Energy Regulatory Commission. [6] According to a news report of the Dhaka Tribune, CNG stations in Comilla District were illegally selling 1.2 billion taka of gas with the help of corrupt staffs in the company. [7]
It was discovered in 1962, and commercially started gas production from April 1968. [5] On 20 November 1964, the gas field was established as Titus Gas Transmission and Distribution Company Limited. [6] Located in Brahmanbaria, this gas field was discovered by Pakistan Shell Oil Company. [4]
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Pashchimanchal Gas Company Limited was established on 29 November 1999 under Petrobangla. [3] The company would distribute natural gas in Rajshahi Division. [4]In May 2008, the manager of Pashchimanchal Gas Company Limited, Kazi Nowfel Anwar, bought a car with company money and registered it in his name. [5]