Gas Transmission Company Limited

Gas Transmission Company Limited (GTCL)

Company type	Government-owned corporation
Industry	Natural gas transport
Founded	December 14, 1993 (1993-12-14) in Dhaka, Bangladesh
Headquarters	Dhaka , Bangladesh
Area served	Bangladesh
Services	Natural Gas Transmission
Owner	Government of Bangladesh
Parent	Petrobangla
Website	www.gtcl.org.bd

Gas Transmission Company Limited is a government owned company responsible for transmission of natural gas all over Bangladesh. It is a government owned company for gas transmission and under direct supervision of Bangladesh Oil, Gas & Mineral Corporation (Petrobangla).[1][2][3]

History

Gas Transmission Company Limited was established on 14 December 1993 under the Companies Act of 1993, as a public limited company with an authorized capital of Tk.100 billion of 100,00,000.00 shares of Tk.1000 each. The company was formed with the objective of establishing a balanced and reliable national gas transmission network with effective and unified control to ensure transportation of required gas for meeting the increasing gas demand in the country. Its formation was recommended by Coopers and Lybrand Associates (today known as PricewaterhouseCoopers) who was hired by the Department for International Development. GTCL commenced its formal operation through convening the first meeting of the board of Directors on 23 January 1994 and subsequently started its commercial business from March 1994.[4][5]

References

1. "Pipeline leaks delay LNG supply again to national grid". bdnews24.com. Retrieved 2019-01-07.
2. "Govt to implement 7 gas transmission projects". Daily Sun. Retrieved 2019-01-07.
3. "22nd AGM of Gas Transmission Company Ltd. held". The New Nation. Archived from the original on 2019-01-07. Retrieved 2019-01-07.
4. "Energy and Mineral Resource Division". Archived from the original on 16 October 2012. Retrieved 26 November 2013.
5. "GTCL". Gas Transmission Company Limited. Retrieved 26 November 2013.