- Titas Gas
The Titas Gas Transmission and Distribution Company is the largest
natural gas distributor inBangladesh , with an 80% market share. As of 2005, they employed 2,678 staff (1,975 regular employees and 700 officials) and served 987,507 domestic customers, 7,947 commercial customers, and 3,046 industrial customers. [cite news|url=http://nation.ittefaq.com/artman/exec/view.cgi/26/15475|work=Ittefaq|title=Frustration in Titas Gas: No promotion, posting, recruitment|date=2005-01-14 |accessdate=2008-02-06|last=Mohiuddin|first=Sheikh] cite news|work=The Times|publisher=London|title=The multimillionaire gas workers of Bangladesh|url=http://www.timesonline.co.uk/tol/news/world/asia/article3312584.ece|date=2008-02-05 |accessdate=2008-02-06] However, due to massive internal corruption, their market share has not translated into high revenues; their 2007 net profit was a mere US$37 million on sales of US$557 million. Bangladesh's anti-corruption office claims that several of their employees have become multi-millionaires by giving discounts on gas to large industrial customers, and pocketing kickbacks in returns.References
External links
* [http://www.titasgas.org.bd/ Official homepage]
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