Gas Transmission Company Limited is a government owned company responsible for transmission of natural gas all over

Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...

. It is a government owned company for gas transmission and under direct supervision of Bangladesh Oil, Gas & Mineral Corporation (Petrobangla).

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 PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting ...

) who was hired by the

Department for International Development , type = Department , logo = DfID.svg , logo_width = 180px , logo_caption = , picture = File:Admiralty Screen (411824276).jpg , picture_width = 180px , picture_caption = Department for International Development (London office) (far right ...

. 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.

References

Oil and gas companies of Bangladesh Government-owned companies of Bangladesh Energy companies established in 1993 Government-owned energy companies {{Bangladesh-stub