The
company started its function since 7 June 1980 in the name of Bakhrabad
Gas Systems Limited (BGSL) as a model company in the gas sector with
the responsibilities of gas production, transmission and distribution.
Later on, the production activities of the Company including Bakhrabad
Gas Field was handed over to Bangladesh Gas Fields Company Limited
(BGFCL) on 31 May 1989 under a reorganizing plan of the Companies under
Petrobangla. On the other hand, according to the govemment decision, the
Bakhrabad- Demra and the Bakhrabad-Chittagong Transmission Pipelines of
the company were handed over to Gas Transmission Company Limited (GTCL)
on 2 September 2004 and 18 October 2004 respectively. As a result, the
activities of the company became confined to gas distribution &
marketing only. Subsequently,
two new companies namely "Karnaphuli Gas Distribution Company Limited"
(KGDCL) comprising of erstwhile BGSL's greater Chittagong and Chittagong
Hill Tracts franchise area and "Bakhrabad Gas Distribution Company
Limited" (original company) comprising of greater Noakhali. Comilla,
Chandpur and TGTDCL's Brahmanbaria District were formed by reforming
Titas Gas Transmission & Distribution Company Limited (TGTDCL) and
Bakhrabad Gas Systems Limited (BGSL). The company's sale of gas during
the FY 2013-14 was recorded at 3123.53 MMCM and net profit before tax is
Tk.2l3.78crore.