Annual Report PETROBANGLA2018 PETROBANGLA PETROBANGLA Petrocentre, 3 Kawran Bazar Commercial Area Dhaka-1215, Bangladesh, GPO Box No-849 Tel : PABX : 9121010–16, 9121035–41 Fax : 880–2–9120224 E-mail :
[email protected] Website : www.petrobangla.org.bd 04 Message of the Adviser (Minister) to the Hon’ble Prime Minister 05 Message of the Hon’ble State Minister, MoPEMR 06 Message of the Senior Secretary, EMRD 07 Introduction by Chairman, Petrobangla 10 Board of Directors (Incumbent) Contents 11 Past and Present Chairmen of Petrobangla 12 The Genesis and Mandate 14 Petrobangla and the Government 16 A Brief History of Oil, Gas and Mineral Industry in Bangladesh 19 Activities of Petrobangla 42 Companies of Petrobangla 62 Development Programmes for FY 2017-18 67 Future Programmes 68 Plan for Production Augmentation 69 Data Sheets 77 Statement of Profit or Loss and Other Comprehensive Income 78 Statement of Financial Position 79 Statement of Cash Flows 02 Annual Report 2018 PETROBANGLA Our To provide energy for sustainable economic growth and maintain energy security Vision of the country • To enhance exploration and exploitation of natural gas Our • To provide indigenous Mission primary energy to all areas and all socio economic groups • To diversify indigenous energy resources • To develop coal resources as an alternative source of energy • To promote CNG, LNG and LPG to minimize gas demand and supply gap as well as to improve environment • To contribute towards environmental conservation of the country • To promote efficient use of gas with a view to ensuring energy security for the future Annual Report 2018 03 Tawfiq-e-Elahi Chowdhury, BB, PhD Adviser (Minister) to the Hon’ble Prime Minister Power, Energy & Mineral Resources Affairs Govt.