GTCL was registered on December 14, 1993 under the Company`s Act-1993, as a public limited company with an authorized Capital of Tk. 100 billion of 100,00,000.00 shares of Tk.1000 each. The company was formed with the objective of establishing a balanced and reliable national gas transmission network with effective and unified control to ensure transportation of required gas for meeting the increasing gas demand in the country. GTCL commenced its formal operation through convening the first meeting of the board of Directors on January 23, 1994 and subsequently started its commercial business from March,1994.
Objective and Area of the Company:
To gradually create the national gas grid for the uninterrupted transportation of natural gas in a safe, reliable and economical way form gas producing company to gas distribution company.
To gradually create the national gas grid for the uninterrupted transportation of natural gas in a safe, reliable and economical way to the demand centres for ultimate distribution of the same by the marketing companies.
To continuously study the availability and demand of natural gas for meeting the primary energy need in the country; establish and operate required gas transportation facilities in a sound and efficient manner; build-up human resources; develop planning, design and operational standards consistent with world gas industry practice; and manage corporate and financial operations for sustained development of the company.