- Reuters•11 days ago
India's biggest gas importer Petronet LNG will cut spot purchases of liquefied natural gas in the next fiscal year as it is getting supplies under a long-term deal with Exxon Mobil Corp for imports from Australia's Gorgon project, the company's chief executive Prabhat Singh said on Thursday. Separately, Petronet LNG's head of finance, RK Garg, said the second LNG cargo from Gorgon is expected to arrive in March. Petronet LNG has a long-term contract with Exxon Mobil to buy about 1.5 million tonnes of super-cooled fuel every year.
- Reuters•6 months ago
Global producers of liquefied natural gas (LNG) are facing a choice they probably didn't anticipate or want, but their response will likely shape the future of their industry. There appear to be increasing moves by major buyers, particularly in Asia, to end long-term, oil-linked price contracts that also feature restrictive destination clauses. What buyers in countries like Japan, India and China have realised is that global oil companies have bet heavily on LNG and have built new plants in excess of even the most optimistic forecasts of likely demand for the next few years.
- Reuters•last year
India's biggest gas importer Petronet LNG will buy liquefied natural gas (LNG) from Qatar's Rasgas at almost half the original price, in a renegotiated deal that will save it about $605 million a year. The deal marks Prime Minister Narendra Modi's biggest diplomatic win in the energy sector since coming to power last year.
PETRONET.NS : Summary for PETRONET LNG INR10 - Yahoo Finance
Petronet LNG Limited (PETRONET.NS)
NSE - NSE Delayed Price. Currency in INR
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|Day's Range||397.65 - 407.60|
|52 Week Range||229.75 - 410.90|
|PE Ratio (TTM)||32.33|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|