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Padma Oil Company information


Padma Oil Company Limited Bengali: পদ্মা অয়েল কোম্পানী লিমিটেড
Company typeRegistrar with joint stock company as a Public limited company under Company Act 1913
IndustryPetroleum
PredecessorBurmah Oil Company
FoundedApril 27, 1965; 59 years ago (1965-04-27)
Headquarters
Strand Road, Chittagong
,
Bangladesh
Area served
National
ProductsMarketing of Petroleum product, Lubricant, Grease, Bitumen, Liquefied petroleum gas & Manufacturing & Marketing of Agrochemical
RevenueUS$2.06 billion (2019)
Number of employees
1172 (2019)
ParentBangladesh Petroleum Corporation
Websitepocl.gov.bd

The Padma Oil Company Limited (Bengali: পদ্মা অয়েল কোম্পানী লিমিটেড) formerly known as Burmah Eastern Limited, is a subsidiary of Bangladesh Petroleum Corporation (BPC), a statutory organization of the government under the Ministry of Power, Energy, and Mineral Resources. It is registered with the joint-stock company as a public limited company under the Company Act 1913. The company's head office is located on Strand Road in Chittagong, officially known as Chattogram. It is one of three state owned oil distribution companies in Bangladesh with the others being Jamuna Oil Company and Meghna Petroleum Limited.[1]

  1. ^ "Decline in interest income drags down govt-run oil firms' profits". The Business Standard. 2 January 2022. Retrieved 4 January 2022.

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