Petrobangla

PetroBangla (Bangladesh Oil, Gas & Mineral Corporation; Bengali: পেট্রোবাংলা) is a government-owned national gas company of Bangladesh.[1] It explores, produces, transports, manages and sells oil, natural gas and other mineral resources. It also concludes production sharing agreements with other international oil companies for exploration and development of oil and gas resources in Bangladesh.[2]

PetroBangla
Bangladesh Oil, Gas & Mineral Corporation
TypePublic
IndustryOil and Gas Industry
PredecessorBangladesh Mineral Oil and Gas Corporation
Founded1972
HeadquartersKawran Bazar, Dhaka, Bangladesh
Area served
Bangladesh
Key people
Abul Mansur Md Faizullah
ProductsOil and gas
Minerals
RevenueIncreaseUS$12.1 billion (2016)
 (US$200 million (2016))
Total assetsIncreaseUS$18.6 billion (2016)
SubsidiariesBAPEX
Websitewww.petrobangla.org.bd

History
Victory Day celebration by PetroBangla

PetroBangla was founded in 1985 by merging two government organization, Bangladesh Oil & Gas Corporation (BOGC) and Bangladesh Mineral Development Corporation (BMEDC).[3] To import liquefied natural gas, PetroBangla signed an agreement with Gunvor Singapore in 2018.[4] In September 2019, Qatargas delivered the first cargo of liquefied natural gas from a Q-Flex vessel to Petrobangla's Floating Storage and Regasification Unit off Bangladesh.[5] In January 2020, PetroBangla and Gazprom signed a Memorandum of Understanding for strategic cooperation.[6][7]

The group's current Chairman is Nazmul Ahsan, appointed in December 2021[8] replacing Abdul Fattah who became Chairman in January 2020.[9][10]

Gas distribution companies

References
  1. "Petrobangla". banglapedia.org.
  2. Amarsys. "Bangladesh: Gazprom in talks with Petrobangla to drill gas wells". energy-pedia.com.
  3. ":: PETROBANGLA". petrobangla.org.bd. Archived from the original on 9 August 2016. Retrieved 1 August 2013.
  4. "Petrobangla signs multiple LNG import agreements". eiu. 25 September 2017. Retrieved 4 December 2020.
  5. "Qatargas delivers first Q-Flex LNG cargo to Petrobangla". Hellenic Shipping News. 23 September 2019. Retrieved 24 September 2019.
  6. "Gazprom and Petrobangla sign MOU". lngindustry. 31 January 2020. Retrieved 4 December 2020.
  7. "Gazprom and Petrobangla sign Memorandum of Understanding". gazprom. 29 January 2020. Retrieved 10 December 2020.
  8. "Nazmul Ahsan joins as new chairman of Petrobangla". unb.com.bd. Retrieved 20 June 2022.
  9. "Petrobangla gets new chairman". dhakatribune. 13 January 2020. Retrieved 10 December 2020.
  10. "Abdul Fattah joins Petrobangla as new chairman". unb. 13 January 2020. Retrieved 10 December 2020.
  11. "Bangladesh Oil, Gas & Mineral Corporation (Petrobangla)". www.petrobangla.org.bd. Retrieved 12 July 2022.



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