Professional development program on Natural gas contract & petroleum fiscal systems 28 April – 07 May 2017

The course will provide a comprehensive overview of basic principles of gas contracts and overview of the financial management and economic parameters overview currently in practice in the industry. It is particularly suitable for personnel who want to gain a broader understanding driving performance in teams, organization and partnership. This course additionally concentrates on key contractual terms, current practice in gas purchase and sales agreement. It will enhance the participants’ knowledge and understanding of current international practices and developments.

Background: Today the managers, administrators, accountants or technologists must prepare themselves to meet the challenges through gas contracts and petroleum fiscal systems. The current knowledge of basic principles in gas contracts and key contractual terms is becoming mandatory. Today the managers, administrators, accountants or technologists must prepare themselves to meet the challenges enhancing their knowledge through financial management and technological skills.  

Bangladesh Minerals, Oil and Gas Corporation (BMOGC) was established pursuant to President’s Order no. 27 of 26 March, 1972 for dealing with the exploration and development of oil, gas and mineral resources of the country. The activities of the Corporation relating to minerals was segregated and placed under a new organization named Bangladesh Mineral Exploration and Development Corporation (BMEDC). The reconstituted Bangladesh Oil and Gas Corporation (BOGC) was short-named “Petrobangla” in August, 1974. In November, 1976, by promulgation of the Ordinance # 88, the import, refining and marketing of crude and petroleum products were separated and vested with the newly-formed Bangladesh Petroleum Corporation (BPC). BOGC and BMEDC were merged into a single entity under the name “Bangladesh Oil, Gas and Mineral Corporation (BOGMC)” in April, 1985. The Corporation was short named “Petrobangla” and given power to hold shares or interest in any company formed for the purpose of exploration and exploitation of oil, gas and mineral resources.

TIMING:  The training program will be held during 28 April – 07 May 2017 (excluding travel time). The participants will arrive on 27 April 2017 and leave on 08 May 2017.

VENUE:  AIT, Thailand

CLIENT/DONOR: Bangladesh Oil, Gas & Mineral Corporation (Petrobangla)

PARTICIPANTS:  The participants for this course will be selected by Bangladesh Oil, Gas and Mineral Corporation (Petrobangla). It is expected that participants would be drawn from administration, finance and technical departments respectively.

COURSE DIRECTOR:   Mr. Fazle Karim

COURSE COORDINATOR(S):     Mr. Tharakorn Chanlapa & Mr. Syed Muntasir Husain Bokhari

CONTACT : Mr. Fazle Karim

Head,Information Technology & Engineering

AIT Extension, Asian Institute of Technology


Phone: 02 524 5311