Professional development program on Financial analysis, planning, modeling and forecasting 16th – 27th May 2016

This two-week course is designed for officials responsible in assisting and contributing to the financial functions on daily basis of Titas Gas Transmission and Distribution Company Limited.

Objective:  The course will provide a comprehensive overview of financial analysis, planning, modeling and forecasting practices in the oil and gas industries. It is particularly suitable for personnel who want to gain a broader understanding of oil and gas financial policy, cost control and auditing topics. This course additionally concentrates on aspects of financial analysis, planning modeling and forecasting tools and techniques that are unique to this industry. It will enhance the participants’ knowledge and understanding of Oil and Gas accounting analysis, planning, modeling and forecasting through industry specific examination of current international practices and developments. Using real-world company financial statements and other case studies, participants will learn how to put accounting principles into practice.

Background :The discovery of a huge gas field on the bank of the Titas River in Bhramanbaria in 1962 created a new horizon for the utilization of natural gas. Being established on November 20,1964 Titas Gas Transmission and Distribution Company Limited (TGTDCL) has completed 50 years of its operation. The company began its commercial operation with the commissioning of gas supply to Siddhirganj Thermal Power Station on April 28, 1968 after construction of 14 inch dia 58 mile long Titas-Demra gas pipeline by the then East Pakistan Industrial Development Corporation. In october 1968, first domestic natural gas connection was provided to the residence of renowned litterateur Shawkat Osman. As a progressive national organization, it has earned the glory of being a trustworthy one for the people by means of the quality of service delivery. This has been possible because of the relentless and cordial endeavours of its officials and employees. Main objective of the company is to supply natural gas to customers of different categories under Titas Franchise Area, thereby reducing dependency on imported liquid fuel. Towards this end, the company has to construct, operate and maintain pipelines, stations and associated facilities. Currently the company distributes gas in the districts of Dhaka, Narayanganj, Narsingdi, Munshiganj, Manikganj, Gazipur, Tangail, Mymensingh, Jamalpur, Sherpur, Netrokona, and Kishoreganj.

TIMING: The training program will be held during 16 – 27 May 2016 (excluding travel time). The participants will arrive at Surabaya on 15 May 2016 and leave from Bali, Denpasar on 28 May 2016.

VENUE: Surabaya and Bali, Indonesia

CLIENT/DONOR: Titas Gas Transmission and Distribution Company Limited

PARTICIPANTS: The participants for this course will be selected by the authority of the respective companies. Twelve officials, including the Ministry of Power, Energy and Mineral Resources, Petrobangla and Titas Gas Transmission and Distribution Company Limited are expected to participate in this program.

 

COURSE DIRECTOR:   Mr. Fazle Karim

COURSE COORDINATOR(S): Mr. Syed Muntasir Husain Bokhari  & Mr. Agus Prajogo 

 CONTACT :Mr. Fazle Karim

Head, Information Technology & Engineering

AIT Extension, Asian Institute of Technology

Email: fazlekarimait@gmail.com; karim@ait.asia

Phone: 02 524 5311

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