Professional development program on PSC accounting, auditing and oil/gas exploitation contract, 07 August – 16 August 2017

The course will provide a comprehensive overview of basic principles of PSC accounting and exploitation of contract. It is expected that at the end of the course the participants will have developed insights on international oil and gas exploitation contract and its’ auditing;  sharpened their learning on oil and gas exploration and production accounting; acquired relevant knowledge in joint-venture production and sharing accounting in oil and gas industry.

Today the managers, administrators, accountants or technologists must prepare themselves to meet the challenges through gas purchase and sales agreement, gas contract negotiation and current practices in accounting and auditing systems. The current knowledge of basic principles in gas contracts and key contractual terms is becoming mandatory.

Bangladesh Minerals, Oil and Gas Corporation (BMOGC) was established pursuant to President’s Order no. 27 of 26 March, 1972 for dealing with the exploration and development of oil, gas and mineral resources of the country. The activities of the Corporation relating to minerals was segregated and placed under a new organization named Bangladesh Mineral Exploration and Development Corporation (BMEDC). The reconstituted Bangladesh Oil and Gas Corporation (BOGC) was short-named “Petrobangla” in August, 1974. In November, 1976, by promulgation of the Ordinance # 88, the import, refining and marketing of crude and petroleum products were separated and vested with the newly-formed Bangladesh Petroleum Corporation (BPC). BOGC and BMEDC were merged into a single entity under the name “Bangladesh Oil, Gas and Mineral Corporation (BOGMC)” in April, 1985. The Corporation was short named “Petrobangla” and given power to hold shares or interest in any company formed for the purpose of exploration and exploitation of oil, gas and mineral resources.

TIMING: The training program will be held during 07 August – 16 August 2017 (excluding travel time). The participants will arrive on 06 August 2017 and leave on 17 August 2017.

VENUE: AIT, Thailand

CLIENT/DONOR: Bangladesh Oil, Gas & Mineral Corporation (Petrobangla)                                    

PARTICIPANTS: The participants for this course will be selected by Bangladesh Oil, Gas and Mineral Corporation (Petrobangla). It is expected that 13 participants would be drawn from the professionals engaged in finance, auditing and other relevant departments of PSC will attend the course. 

COURSE DIRECTOR:   Mr. Fazle Karim

COURSE COORDINATOR(S):     Mr. Syed Muntasir Husain Bokhari

CONTACT : Mr. Fazle Karim

Head,Information Technology & Engineering

AIT Extension, Asian Institute of Technology


Phone: 02 524 5311