GovTwin / Institution
Petrobangla
Soe · Chairman: Md Arfanul Hoque
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
| Series | Role | Latest | As of | Source |
|---|---|---|---|---|
| fred_wti_oil_price | affected_by | 99.89 | 2026-04-27 | fred |
Crisis exposure
- Gas reserve depletion (monitors)
Legal basis
-
Bangladesh Petroleum Act 1974
(1974)
· administers
· act
Act LXIX of 1974
Oversight and committees
- Inter-Ministerial Committee on Fuel and Fertilizer Pricing · standing · member