Subsidiaries
In 1976 upon establishment of Bangldesh Petroleum Corporation
(BPC), import of crude oil ,Lubricating Oil, Motor sprit, refining, storage,
maintenace, supply & marketing were vested to Bangldesh Petroleum
Corporation.
Despite limitations BPC has been fulfilling the country's demand of petroleum
products as per requirement through its subsidiaries.
|
Name of Subsidiaries
|
Authorised Capital
(in crore taka) |
Paid up Capital
(in crore taka) |
Ownership
|
Function
|
|
Eastern Refinery
Ltd
Asphaltic Bitumen Plant |
50.00
|
33.00
|
100 % BPC
100 % BPC |
Refining of Crude Oil Manufacture Bitumen. |
|
Padma Oil Co. Ltd
|
10.00
|
3.50
|
50.35 % BPC &
49.65 % Govt. financial Institutions & private organisations. |
Store, Supply & Marketing of Petroleum Products. |
|
Jamuna Oil Co.
Ltd
|
10.00
|
5.00
|
100 % BPC
|
Store, Supply & Marketing of Petroleum Products. |
|
Meghna Petroleum
Ltd
|
10.00
|
5.00
|
100 % BPC
|
Store, Supply & Marketing of Petroleum Products. |
|
L .P Gas Ltd
|
25.00
|
2.00
|
100 % BPC
|
L P Gas bottling and marketing. |
|
Eastern Lubricants
Blenders Lt d E.L.B.L
|
1.00
|
0.99
|
65.92 % BPC &
34.08 % Govt. financial Institutions & private organisations. |
Lube Oil Blending. |
|
Standard Asiatic
Oil Co. Ltd
S.A.O.C.L |
0.50
|
0.50
|
50 % BPC &
50 % The Asiatic Industries Ltd. |
Lube Oil Blending & Marketing Lube Oil LPG, Bitumen. |
As a holding corporation, BPC controls and provides support and cooperation under service agreement for respective companies.