Industry Natural gas transport Area served Bangladesh Parent organization Petrobangla | Headquarters Dhaka, Bangladesh Founded 1993 | |
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Type Government-owned corporation Services Natural Gas Transmission Owner Government of Bangladesh | ||
Gas Transmission Company Limited (GTCL)[http://www.gtcl.org.bd] is a 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). GTCL was registered on December 14, 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. GTCL commenced its formal operation through convening the first meeting of the board of Directors on January 23, 1994 and subsequently started its commercial business from March,1994.