KEYFACT Energy
BGFCL
Description
Bangladesh Gas Fields Company Ltd. (BGFCL) is the state owned largest natural gas producing organization of Bangladesh. It is one of the largest industrial entities actively involved in producing natural gas, conditioning the same to the pipeline quality and then supplying to the gas transmission system. BGFCL now meets around 31% of country's total natural gas production. It also meets a significant portion of country's demand for liquid fuel by processing condensate (liquid by-product of natural gas) into motor spirit (MS) & high speed diesel (HSD). BGFCL pays a considerable amount to the National Exchequer every year.
BGFCL started originally as a Pakistan Shell Company in the early sixties operating 6 wells in Titas and Habiganj gas fields. After the liberation of Bangladesh, the government bought out the Shell stake and BGFCL became a fully national company.