The liquefied petroleum gas (LPG) industry in Bangladesh has experienced remarkable growth over the past decade, driven by increasing demand for clean and efficient energy sources. Several companies have emerged as key players in this sector, contributing significantly to the nation’s energy landscape. Here is an overview of the top 10 LPG companies in Bangladesh, highlighting their market presence, infrastructure, and contributions.
List of Top 10 LPG Gas Companies in Bangladesh
- Bashundhara LP Gas Ltd.
- Omera LPG
- Jamuna Gas
- Totalgaz Bangladesh
- LAUGFS Gas (Bangladesh) Ltd.
- BM Energy (BD) Ltd.
- Beximco LPG
- Navana LPG Limited
- Petromax LPG
- JMI LPG
1. Bashundhara LP Gas Ltd.
Bashundhara LP Gas Ltd., a subsidiary of the Bashundhara Group, has been a pioneer in the LPG industry of Bangladesh since its inception in 1999. It was the first private company in Bangladesh to venture into the LPG business as an importer, bottler, and marketer. Operating from a high-tech plant located in the Mongla Port Industrial Area, Bashundhara LP Gas has a storage capacity of 3,000 metric tons and the capability to refill an impressive 50,000 gas cylinders each day. This facility has positioned the company as a market leader, with a 24% market share. Known for its extensive distribution network, Bashundhara LP Gas reaches a broad customer base and has gained a reputation for upholding high standards of quality and safety, making it a trusted choice for millions of households and businesses across the nation.
2. Omera LPG
Omera LPG, a leading brand in the LPG sector, is owned by Omera Petroleum Limited, a subsidiary of MJL Bangladesh Limited. Since entering the market in 2015, Omera LPG has rapidly expanded its reach, establishing multiple bottling and storage facilities in strategic locations across Bangladesh, including Mongla, Ghorashal, Bogura, and Mirsharai. These locations allow Omera to efficiently serve customers throughout the country, from remote villages to urban centers. Holding a significant 19% share in the market, Omera LPG is committed to delivering safe, high-quality LPG to its customers. The company is known for its advanced infrastructure and stringent safety protocols, which contribute to its reputation as a trusted and reliable provider in the LPG industry.
3. Jamuna Gas
Jamuna Gas is operated by Jamuna Spacetech Joint Venture Limited (JSJVL) and has solidified its position as a key player in Bangladesh’s LPG market. The company provides a variety of cylinder sizes, including 5.5 kg, 12 kg, 12.5 kg, and 30 kg options, which cater to a diverse range of customer needs, from small households to larger commercial operations. With a 10% market share, Jamuna Gas is widely recognized for its focus on quality and reliability. By establishing a strong distribution network and maintaining high product standards, the company has earned the trust of its customers and plays a crucial role in meeting the energy needs of the Bangladeshi population.
4. Totalgaz Bangladesh
Totalgaz, a subsidiary of the international energy conglomerate TotalEnergies, operates in Bangladesh’s LPG market, offering a range of cylinder sizes, including 12 kg, 15 kg, and 33 kg. With its extensive global experience and resources, Totalgaz brings advanced technology and strict quality control to the Bangladeshi market. The company’s solutions cater to both domestic and industrial segments, providing LPG that meets high safety and efficiency standards. With a market share of 6%, Totalgaz has earned a solid reputation for prioritizing safety and customer satisfaction, making it a trusted name for LPG in Bangladesh.
5. LAUGFS Gas (Bangladesh) Ltd.
LAUGFS Gas (Bangladesh) Ltd. is a joint venture between Sri Lanka’s LAUGFS Holdings and local entities in Bangladesh. Since its inception in 2001, LAUGFS Gas has been committed to meeting the growing energy demands of Bangladesh by offering a range of LPG products. The company provides a variety of cylinder sizes, including 12 kg for household use and 45 kg for commercial applications. It also offers bulk LPG solutions for industrial customers, allowing large-scale operations to access reliable energy sources. With a 4% share in the market, LAUGFS Gas has built a reputation for high-quality products and dedicated customer service, making it a trusted brand among Bangladeshi consumers.
6. BM Energy (BD) Ltd.
BM Energy (BD) Ltd. is a joint venture between Dutch and Bangladeshi partners, established to address Bangladesh’s growing LPG demand. Since its start in 2015, the company has imported, stored, and distributed LPG nationwide, ensuring a steady and safe supply of energy to Bangladeshi households and industries. BM Energy offers several cylinder sizes, including 12 kg, 33 kg, and 45 kg, catering to both residential and commercial customers. With a 3% market share, BM Energy is committed to promoting LPG as a clean and efficient fuel source, establishing itself as a key player in the industry.
7. Beximco LPG
Beximco LPG is a subsidiary of Beximco Petroleum Ltd., which belongs to the larger Beximco Group—a prominent conglomerate in Bangladesh with interests in multiple sectors, including energy. Beximco LPG provides a variety of cylinder sizes, and its distribution network covers both urban and rural areas, ensuring accessibility for customers across Bangladesh. With a 2% market share, Beximco LPG is dedicated to upholding high standards of safety and quality. Through innovative business practices and a focus on customer satisfaction, Beximco LPG has positioned itself as a reliable provider of LPG solutions for the Bangladeshi market.
8. Navana LPG Limited
Navana LPG Limited, a concern of the Navana Group, was established to cater to Bangladesh’s increasing demand for LPG. The company offers a range of cylinder sizes, suited for both domestic and industrial usage. Navana LPG has built a comprehensive distribution network to ensure its products are available across the country, including in remote and rural areas. With a 2% market share, Navana LPG emphasizes quality and safety, adhering to strict standards to ensure customer satisfaction. The company’s commitment to reliability and accessibility has made it a preferred choice for many Bangladeshi households and businesses.
9. Petromax LPG
Petromax LPG, established in 2018, has quickly emerged as one of the fastest-growing LPG companies in Bangladesh. Focusing on the domestic segment, Petromax supplies 12 kg cylinders primarily for cooking purposes, while also providing larger cylinders for commercial and industrial customers. In 2022, Petromax made headlines when SHV Energy, a global leader in LPG distribution, acquired the company, underscoring its rapid growth and market potential. With a market share of 2%, Petromax is known for its focus on quality, safety, and customer service, making it a trusted name in Bangladesh’s LPG sector.
10. JMI LPG
JMI LPG, a subsidiary of JMI Group, is recognized for its commitment to quality and safety in the LPG industry. The company provides a variety of cylinder sizes, such as 12 kg, 35 kg, and 45 kg, to cater to a broad range of customers, from individual households to large-scale commercial and industrial clients. With a 2% market share, JMI LPG emphasizes stringent safety protocols and high product standards, ensuring that customers can rely on their LPG supply for various applications. Through its focus on customer satisfaction and reliable distribution, JMI LPG has carved out a strong position in the Bangladeshi market.
Conclusion
The LPG industry in Bangladesh has expanded considerably over recent years, driven by increasing demand for clean, efficient energy sources. These top 10 companies collectively account for more than 70% of the local demand for LPG, underscoring their importance in meeting the country’s energy needs. Their commitment to safety, quality, and customer satisfaction has not only fueled their individual success but has also contributed to the overall growth of the LPG sector. As Bangladesh continues to develop, the role of these companies in ensuring a stable energy supply will be crucial in shaping the nation’s future.
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