Chevron is the single largest producer of natural gas in Bangladesh, supplying approximately 50 percent of the country's natural gas consumption. It has increased production ten-fold in the last decade to meet the country’s ever increasing demand for natural gas. It is also the country’s largest foreign investor, and provides employment to more than 4,000 Bangladeshis. Chevron has been recognized as the highest corporate tax payer in Bangladesh for the 2009-2010, 2010-2011 and 2011-2012 fiscal years.
Chevron produces natural gas and condensate from three fields in the northeast of the country. Of these, Bibiyana is currently the largest producing field in Bangladesh, constituting 35 percent of the country’s total production. Production from the $500 million Bibiyana expansion project is scheduled to begin in 2014.
While helping to meet Bangladesh’s energy goals, Chevron is also working on exploration projects to harness the country’s homegrown resources for its future energy security.
Chevron Bangladesh has been maintaining a remarkable safety record. Our workforce has achieved more than 50 million work hours without a single day away from work due to an injury.
Across our operations in Bangladesh, we work with our communities, building long-term partnerships that foster economic development and lasting benefits to them.