Petronet LNG is developing ethane unloading, storage and handling (USH) facilities with ethane storage tank capacity of 1,70,000 cubic meters at Dahej, Gujarat
According to Nuvama, the outlook for OMCs is clouded by high capital expenditure commitments and rising under-recoveries, which are set to keep return ratios suppressed.
On the bourses around 10:15 AM, Petronet LNG shares were struggling as the scrip was trading 1.31% lower at ₹273.95. In comparison, BSE Sensex was trading 0.29% lower at 83,289.99 levels.
Analyst at Bonanza recommends IGL, Uno Minda, Petronet LNG to buy today; here's why
Adjusted PAT, excluding the impairment adjusted for tax, was ₹945 crore in Q1FY26. Reported PAT of ₹842 crore includes the impairment
Local lenders including Axis Bank, State Bank of India and Union Bank of India are considering to join the facility, which is among the company's largest fundraising exercises
State-owned GAIL (India) Ltd has signed a gas sales and purchase agreement (GSPA) to buy 1 million tonnes of liquefied natural gas (LNG) from Vitol Asia Pte Ltd for 10 years starting 2026. The GSPA follows a binding term sheet signed in January 2024, GAIL said in a statement. "Under the agreement, Vitol will deliver LNG to GAIL from its global LNG portfolio," it said. Speaking on the occasion, GAIL Director (Marketing) Sanjay Kumar said the company is expanding its long-term LNG portfolio to meet demand growth. "We are pleased to partner with Vitol Asia Pte Ltd, and this agreement represents a key milestone in reinforcing GAIL's capability to reliably serve its diverse and evolving customer base." Jay Ng, Chief Financial Officer, Vitol Asia and Executive Committee member, said the growing Indian market is core to Vitol's strategy and its diversified portfolio enables it to offer India a stable supply of cleaner and competitive energy. India emerged as the world's fourth-largest LN
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Thursday entered into a long-term pact with Petronet LNG Ltd for regasification of Liquefied Natural Gas (LNG). DFPCL, along with its step-down subsidiary Performance Chemiserve Ltd (PCL), have entered into the agreement for a period of five years. Under the terms of the agreement, Petronet LNG will regasify approximately 25 TBTUs (Trillion British Thermal Units) of LNG annually, post an initial ramp-up period, primarily at its Dahej terminal, DFPCL said in a regulatory filing. The regasified gas will be primarily supplied to the company and PCL's manufacturing facilities units at Taloja, Mumbai, for internal consumption, it said. With the last mile regasification contract, the company will be uniquely placed to deliver a value chain right from gas to Ammonia to Building Block Nitric Acid, taking it right up to the downstream final products such as NPK fertilisers, industrial chemicals and mining chemicals.
Court grants interim relief to LNG operators challenging new registration norms under PNGRB's 2025 regulations
Petronet LNG share price gained 3 per cent in trade after Motilal Oswal upgraded to 'Buy' from Neutral
The company's revenue from operations declined by 10.71 per cent to ₹12,315.75 crore in Q4FY25, compared to ₹13,793.16 crore in Q4FY24
The fall in the state-run company's share price followed the company posting mixed financial results for the third quarter of FY25 (Q3FY25)
Petronet to supply 150 ISO containers of natural gas to Sri Lankan port
There is 95-100 per cent utilisation at Petronet's Dahej terminal whereas other terminals are under-utilised
Petronet LNG share price: According to reports, PNGRB said that despite Dahej's plan to expand its capacity to 22.5 MMTPA, the re-gas charges have risen by 5 per cent annually
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Petronet working on supplying two natural gas-based power plants in Sri Lanka
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The Sri Lankan government and a state-run Indian firm on Tuesday signed an agreement to develop infrastructure for storage, regasification and LNG supply for a combined cycle power plant in the island nation, according to the power and energy ministry here. The memorandum of understanding (MoU) was signed between Sri Lanka's LTL Holdings Limited and India's Petronet LNG Limited for the infrastructure development of the Sobadhanavi Combined Cycle Power Plant at Kerawalapitiya, north Colombo. The Sri Lankan Minister of Power and Energy, Kanchana Wijesekera, and the Deputy High Commissioner of India, Satyanjal Pandey, signed the MoU at a ceremony here. Wijesekara said the power generation could be as low as fifty per cent less here than generation through fuel usage. "MOU for the development of Storage facilities, Regasification unit in Kerawalapitiya and the supply of LNG for the Yugadhanavi, Sobadhanavi & other LNG power plants in Sri Lanka was signed today," Wijesekera said in a ..