Sylhet Gas Fields Limited (SGFL), a company of Bangladesh Oil, Gas and Mineral Corporation (PETROBANGLA) under the Ministry of Power, Energy and Mineral Resources is the pioneer in the discovery and production of natural gas and mineral oil in the country. Though this Company was incorporated on 8th May, 1982, its history of production and sale of natural gas dates back to 1960 under the umbrella of its predecessor, erstwhile Pakistan Petroleum Limited (PPL), which discovered gas at Sylhet Well No. 1 at Haripur in Sylhet District in the year 1955. It was the first discovered hydrocarbon gas field in the Country.

In 1960, commercial production of gas commenced for the first time in the country by supplying about 4 million cubic feet of gas per day to Chhatak Cement Factory which heralded a new era in respect of production and use of natural gas in this region. It was landmark in the use of natural gas as an industrial prime-mover.

In 1961, transmission of gas from Sylhet Well No. 3 commenced to Fenchuganj Fertilizer Factory through a 30 mile long 8 inch dia pipe line at the rate of 20 million cubic feet per day. This was a turning point in our industrial development since natural gas was used as raw material in industry. In fact, it was the beginning of an era which paved the way for a promising future.

On 23rd December 1986, the long cherished dream of the country came true with the first Oil find in Well No. 7 at Sylhet (Haripur) Field. The Discovery gave a new impetus and opened a new horizon hope for exploration of mineral oil in the country.

At present, the Company has under its umbrella 5 gas fields namely Sylhet (Haripur), Kailashtilla, Rashidpur, Beanibazar and Chhatak with 13 producing gas wells. A condensate fractionation plant at Rashidpur has been installed and started production from 01 August, 2009.

Fractionation plants having capacity 3750 barrel per day installed at Rashidpur to produce motor spirit, octane, diesel and kerosene.