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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]
The Bangladesh Petroleum Corporation is the state-owned holding company which regulates the market for petroleum products through its subsidiaries: the Jamuna Oil Company which is the country's largest distributor and was established in 1964 as Pakistan National Oil Limited; the Padma Oil Company which was formerly known as Burmah Eastern ...
Ceylon Petroleum was Sri Lanka's largest company by revenue. But now the company is reporting loss in several million rupees. [31] In April 2020 Ceylon Petroleum Corporation lost Rs. 45.1 billion first quarter. Company total debt rising 1,158.7 billion. [32] Import expenditure on petroleum in 2021 was US$3.9 billion against US$1.7 billion in 2019.
Natural gas and petroleum in Bangladesh This page was last edited on 27 June 2020, at 23:34 (UTC). Text is available under the Creative Commons Attribution ...
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 .
Retrieved from "https://en.wikipedia.org/w/index.php?title=Petroleum_industry_in_Bangladesh&oldid=663938533"
Eastern Refinery Limited, or ERL, is a state-owned oil refinery in Bangladesh.ERL, a subsidiary of Bangladesh Petroleum Corporation, supplies around 40% of the country's current petroleum products demand and thus maintains stability in the petroleum, oil, and lubricants (POL) products market of the country.
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]