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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]
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 ...
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]
This is a list of notable oil and gas companies of Bangladesh This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by adding missing items with reliable sources .
In 1968, the piped Natural Gas connection was introduced to households of East Pakistan. [1] In response to the demand for alternative fuel and the growth of the market, Omera Petroleum Limited, a subsidiary of MJL Bangladesh Limited. has launched Omera LPG in the market on March 31, 2015. [2]
The Titas Gas Transmission and Distribution PLC (Bengali: তিতাস গ্যাস Titas Gas) is the natural gas distributor in Bangladesh, with an 80% market share. As of 2020, they employed 2,100 staff and served 2.8 million domestic customers, 12,000 commercial customers, and 5,300 industrial customers.
Karnaphuli Gas Distribution Company Limited was established on 8 February 2010 by the government of Bangladesh as a joint stock company. Its starting authorized capital was 30 million taka, [1] [3] which is now 10,000 million taka. It started its revenue collection from July 2010.
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]