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Petrobangla 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]
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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 (TCF). Out of which 20.33 TCF has been extracted until June 2023, leaving the reserve at 8.46 TCF. [16] The Bibiyana gas field in Habiganj District is the country's largest gas field.
Gas Transmission Company Limited was established on 14 December 1993 under the Companies Act of 1993, as a public limited company with an authorized capital of Tk.100 billion of 100,00,000.00 shares of Tk.1000 each.
Bakhrabad Gas Distribution Company Limited was established on 7 June 1980 as Bakhrabad Gas Systems Limited with the responsibility to operate Bakhrabad Gas Field.
Petrobangla: Subsidiaries: Titas Gas Field, Habiganj Gas Field, Bakhrabad Gas Field, Narsingdi Gas Field, Meghna Gas Field, Kamta Gas Field, Sangu Gas Fields: Revenue: US$450 million (2016) Staff: 1390 (2016) Website: Bangladesh Gas Fields Company Limited
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]
Petrobangla; Power Grid Company of Bangladesh Limited; Pragoti; Padma Oil Company Limited; R. Rupantarita Prakritik Gas Company Limited; Rural Electrification Board;