Bangladesh Oil, Gas & Mineral Corporation (Petrobangla; ) is a government-owned oil, gas and mineral exploration and distribution corporation of Bangladesh.[1] It has the mandate to explore, produce, transport, manage and sell oil, natural gas and other mineral resources. It also concludes production-sharing agreements with international oil companies for the exploration and development of oil, gas and mineral resources in Bangladesh.[2]
History
Petrobangla was established in 1985 (under Ordinance-21, dated 11 April 1985) through the merger of two government organizations — the Bangladesh Oil & Gas Corporation (BOGC) and the Bangladesh Mineral Exploration and Development Corporation (BMEDC) — forming the Bangladesh Oil, Gas and Mineral Corporation (BOGMC).[3] To import liquefied natural gas, Petrobangla signed an agreement with Gunvor Singapore in 2018.[4]