CHEVRON BANGLADESH BLOCKS THIRTEEN AND FOURTEEN LTD

CHEVRON BANGLADESH BLOCKS THIRTEEN AND FOURTEEN LTD Company Introduction:

CHEVRON BANGLADESH BLOCKS THIRTEEN AND FOURTEEN LTD is a subsidiary of Chevron Corporation, one of the world's leading integrated energy companies. This entity operates in Bangladesh, primarily engaged in the exploration, development, and production of natural gas and condensate. The company holds interests in and operates Production Sharing Contracts (PSCs) for Blocks 13 and 14, which encompass the significant Bibiyana, Jalalabad, and Moulavi Bazar gas fields. These fields are vital sources contributing to Bangladesh's domestic energy supply, with Chevron Bangladesh being the largest producer of natural gas in the country. The company is focused on safely and reliably producing energy resources to meet local demand.

Nature of Business:

It is an energy producer and operator.

It is neither a factory nor a trading company in the conventional sense. The company is involved in the extractive industry, specifically the exploration, development, and production of natural gas and condensate. While it operates large-scale industrial facilities for the extraction and initial processing of these natural resources, it does not manufacture finished goods like a traditional factory. Its core business is also not buying and selling commodities produced by others, which defines a trading company. Instead, it directly produces raw energy resources.

Chevron Bangladesh Blocks Thirteen and Fourteen Ltd primarily produces and sells:

Crude Oil

Natural Gas

Natural Gas Liquids