GovTwin / Institution

Petrobangla

Soe · Chairman: Abdul Mannan

Government-owned corporation for exploration, production, transport, management, and sale of oil, natural gas, and mineral resources, including production-sharing agreements with international companies

Financial performance FY2021-22

Net profit Tk 698 crore in FY2021-22 (down 17% YoY on higher LNG spot prices), per Bangladesh Economic Review 2022 as reported by The Daily Star; Petrobangla was the 2nd most profitable SOE that year. A clean, single verifiable Petrobangla net result for FY2022-23 could not be confirmed (sources conflicted); the FY2022-23 SOE loss of Tk 137.41 billion across 49 SOEs was driven by BPC and BPDB, not Petrobangla. Turnover and employee count not verifiable from accessible sources.

Source: state-owned enterprise financial reporting. All SOEs →

Indicators

Tracked, awaiting data (43): bbs_stat_yearbook2022_power_generation_capacity_mw, bgdcl_active_gas_connections_count, bgdcl_cost_of_gas_sales_bdt_cr, bgdcl_gas_purchase_volume_total_mmcm, bgdcl_gas_sales_volume_total_mmcm, bgdcl_gross_profit_bdt_cr, bgdcl_national_exchequer_deposit_bdt_cr, bgdcl_net_profit_after_tax_bdt_cr, bgdcl_power_gas_sales_volume_share_pct, bgdcl_power_sector_gas_sales_mmcm, bgdcl_rate_of_return_on_net_fixed_assets_pct, bgdcl_sales_revenue_bdt_cr, bgdcl_system_loss_gain_pct, bgdcl_total_assets_bdt_cr, bgdcl_total_operating_revenue_bdt_cr, bgdcl_total_pipeline_network_km, petrobangla_active_producing_gas_wells, petrobangla_condensate_production_barrels, petrobangla_daily_gas_production_mmscfd, petrobangla_domestic_gas_production_bcf, petrobangla_drilling_program_total_wells_5yr, petrobangla_exchequer_contribution_crore_bdt, petrobangla_gas_2p_recoverable_national_bcf, petrobangla_gas_cumulative_production_bcf, petrobangla_gas_demand_fy25_mmscfd, petrobangla_gas_giip_national_bcf, petrobangla_gas_remaining_2p_reserve_bcf, petrobangla_industry_tariff_bdt_m3, petrobangla_lng_sales_revenue_million_bdt, petrobangla_madhyapara_granite_production_annual_mt, petrobangla_national_exchequer_contribution_fy24_crore_bdt, petrobangla_national_gas_consumption_bcf, petrobangla_national_gas_remaining_2p_bcf, petrobangla_national_producing_wells_count, petrobangla_remaining_2p_gas_reserves_tcf, petrobangla_total_distribution_system_loss_mmcm, petrobangla_total_gas_customers_nos, petrobangla_total_system_loss_financial_value_crore_bdt, plancomm_ssp_domestic_gas_production_2041_mmcfd, plancomm_ssp_lng_import_2041_mmcfd, soe_government_subsidies_crore_bdt, soe_net_profit_loss_crore_bdt, soe_operating_revenue_crore_bdt

Crisis responsibilities

Hazards this body owns or monitors, overlaid with the live early-warning watch. A hazard without a badge has no calibrated live reading.

• Gas reserve depletion monitors

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Legal basis

• Bangladesh Petroleum Act 1974 (1974) · administers · act
  Act LXIX of 1974

Policy domains