highlights of operations
Chevron is the largest producer of natural gas in Bangladesh, supplying approximately 50 percent of the country’s natural gas consumption. We are the largest foreign investor in Bangladesh.
Through our subsidiaries, we produce natural gas and condensate from three fields in northeastern Bangladesh. To meet the country’s increasing demand for natural gas, we have increased production tenfold in the last decade and have plans for further production growth.
Chevron Bangladesh has achieved a remarkable safety record while employing more than 4,000 Bangladeshis. We work with communities across our operations, building long-term partnerships that foster social and economic development in the country.
exploration and production
All the natural gas and condensate that Chevron produces in Bangladesh is sold to Petrobangla, the national oil company. Through Chevron subsidiaries, the company operates three fields—Bibiyana, Jalalabad and Moulavi Bazar—under production-sharing contracts signed with Petrobangla. In 2015, net daily production averaged 720 million cubic feet of natural gas and 3,000 barrels of condensate. Condensate is liquid hydrocarbon produced with natural gas.
Putting innovation to work
Chevron operates the Bibiyana Field in Block 12. The field is one of the most significant natural gas discoveries in Bangladesh, in both quality and size of the reserve.
In 2014, we announced the start of production at the Bibiyana Expansion Project. The project includes two gas-processing trains, additional development wells and an enhanced liquids recovery facility and has an incremental design capacity of 300 million cubic feet of natural gas and 4,000 barrels of condensate per day. The liquid recovery facility started up in the first quarter of 2015.
Work continued on the Bibiyana Compression Project through 2015. That project is expected to provide incremental production to offset field decline. A final investment decision is pending commercial negotiations.
in the community
Chevron Bangladesh invests in activities and programs that focus primarily on economic development, education and health care, reaching nearly 37,000 people in Bangladesh.
Chevron started its livelihood improvement program in 2006 with 200 underprivileged families in Bibiyana. To increase family income, the program provided seed funds, organized villagers into self-help groups and offered skills training. Over the past decade, more than 3,700 Bangladeshis near our three fields have benefited through the creation of more than 2,400 new income-generating enterprises.
Partnering with local nongovernmental organizations (NGOs), Chevron has supported communities by providing 1,000 energy-efficient cooking stoves and 280 solar panels. In Bibiyana, Chevron started a pilot project that promoted organic farming and improved agricultural practices. As a result, villagers saw increased production of cash crops, fruits, vegetables, pond fish and poultry and an increase in cattle farming.
Workforce development has also been a focus. A program that ended in 2015 provided skills-based training and job placement opportunities to more than 650 unemployed youths and women—most of these were former workers released at the end of the Bibiyana Expansion Project.
In 2014, Chevron Bangladesh announced the Bangladesh Partnership Initiative (BPI), a $10 million, five-year program to promote sustainable income growth among micro and small entrepreneurs and create employment opportunities by improving Chevron’s existing Village Development Organization structure near the three gas fields in the Sylhet, Habiganj and Moulvibazar districts.
In September 2015, under the banner of the BPI, Chevron announced a partnership with BRAC, the world’s largest NGO, to conduct an18-month enterprise development pilot that is expected to create 1,500 new businesses.
Also under the BPI, we signed a memorandum of understanding with the Asian Development Bank in November 2015 to provide 1,000 youths with vocational training and employment in light engineering, construction and information technology.
creating educational opportunities
Chevron strives to improve the quality of and access to education for students in the areas where we operate. Our scholarship drive for high-achieving underprivileged students was launched in 2001, and the number of recipients has increased to more than 1,700 today. The scholarship program includes a teacher training component. We also support programs to improve children’s learning experiences in school.
In 2015, in partnership with Save the Children, we announced a three-year extension of the Non-Formal Primary Education program. After completing a school-readiness section, 1,800 out-of-school children in 60 one-room schools completed the first grade. In addition, 1,200 primary school students have benefited from after-school activities and remedial education. The project is set to include training for 120 teachers and parenting awareness services for 1,800 parents.
improving public health
From 2005 to 2008, Chevron established three community clinics near our Bibiyana and Moulavi Bazar fields. Those clinics have 86 satellite locations that also provide care. All are part of the nationwide Smiling Sun Franchise Program, which is sponsored by the U.S. Agency for International Development and operated by Pathfinder International, U.S. More than 100,000 health care services—including lab tests, vaccinations, counseling sessions and more—are provided every year.
being a good neighbor
Chevron employees are active members of the community. During the 2014–2015 fiscal year, nearly 800 employees donated blood during Chevron’s annual drive. The Bangladesh Red Crescent Society recognized Chevron as the largest corporate blood donor for 2013 and 2014.
Between 2007 and 2015, Chevron helped plant more than 133,000 saplings near its three fields.
Chevron has joined forces with BRAC to launch a road-safety awareness program for the communities near the Bibiyana gas field and the city of Sylhet. To date, more than 800 drivers have received defensive driving training. Safety awareness training has been provided to 4,500 schoolchildren and more than 100 teachers at 25 schools in the Bibiyana area.
record of achievement
Chevron contributes to the economy of Bangladesh in several ways. As the largest foreign investor, we provide employment for about 4,000 Bangladeshis.
Chevron has developed three natural gas fields in Bangladesh. The Jalalabad Field was discovered in 1989 and went into production in 1999. The Moulavi Bazar Field was discovered in 1999 and came on line in 2005. The largest producing field in Bangladesh, the Bibiyana Field, was discovered in 1998 and came on line in 2007.
During the Bibiyana expansion project in 2014, we provided employment for nearly 1,700 local workers at all three fields—1,100 at the Bibiyana Field alone.
health, environment and safety
Chevron works in partnership with the government of Bangladesh and with Petrobangla, the national oil company, to develop the country’s energy resources in a safe, environmentally responsible manner. To protect the environment and maintain safe operations, Chevron uses the latest technologies and strict inspection procedures.
Chevron Bangladesh Blocks 13 and 14, Ltd.
Lackatoorah, Airport Road
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