Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Bangladesh Oil, Gas and Mineral Corporation Ordinance, 1985 (Ordinance No. XXI of 1985).

Country/Territory
Bangladesh
Document type
Legislation
Date
1985 (1989)
Source
FAO, FAOLEX
Long title
An Ordinance to provide for the establishment of the Bangladesh Oil, Gas and Mineral Corporation.
Subject
Energy, Mineral resources
Keyword
Natural gas Oil Institution Research Minerals Exploration Internal trade
Geographical area
Asia, Asia and the Pacific, Indian Ocean, Least Developed Countries, South Asian Seas, Southern Asia
Abstract

The Bangladesh Oil, Gas and Mineral Corporation shall be established and it may also be called PETROBANGLA (sect. 3). Section 9 defines the functions of the Corporation which shall include: the undertaking of research in the field of oil, gas and minerals, and of research for alternative use of natural gas; preparation of programmes for the exploration and development of oil, gas and minerals; production and sale of oil, gas and minerals, etc. The Corporation may sponsor the formation of subsidiary companies for exploration and exploitation of oil, gas and minerals as provided for in section 10. Section 20 gives the authorization to survey any land which may be necessary in order to carry out the provisions of this Ordinance provided that compensation shall be paid to the owner for any damage caused.

Full text
English
Website
bdlaws.gov.bd