21 Thursday Oct 2021
General Information
Last Update:November 26, 2019

General Info

Brief History of Jamuna Oil

Jamuna Oil Company Limited (JOCL) has been providing services to the nation through the marketing of fuel oil for the last five decades. The company is committed to playing the best role in the socio-economic development of the country. Pakistan National Oil Limited (PNOL) started its journey as Pakistan’s first national oil company with a capital of Tk 2 (two) crore in the year.
After the independence of Bangladesh, Bangladesh Abandon Property (Control, Management and Disposal) Order 1972 (PO No. 16, 1972) was declared as the abandoned property of Pakistan National Oil Limited and was acquired by the Government of the People’s Republic of Bangladesh and renamed Bangladesh National Oil Limited. It was subsequently renamed as Jamuna Oil Company Limited (JOCL) on January 13, 1973, with a government order.