PETRONET.NS - Petronet LNG Limited

NSE - NSE Real Time Price. Currency in INR
+4.50 (+1.71%)
As of 12:44PM IST. Market open.
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Previous Close263.45
Bid267.75 x 0
Ask267.95 x 0
Day's Range263.45 - 271.05
52 Week Range163.00 - 271.05
Avg. Volume4,175,119
Market Cap401.84B
PE Ratio (TTM)23.32
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • ExxonMobil Agrees to a Compromised LNG Deal with Petronet
    Zackslast month

    ExxonMobil Agrees to a Compromised LNG Deal with Petronet

    ExxonMobil (XOM) will increase supply volume by 1 million tons annually to India.

  • Reuterslast month

    COLUMN-Exxon Mobil's deal to cut India LNG prices is actually quite good: Russell

    Exxon Mobil's deal to cut the price of liquefied natural gas (LNG) supplied under long-term contract to an Indian buyer has largely been viewed as a bad outcome for producers of the super-chilled fuel. Certainly the trade made by Exxon to supply more LNG to Petronet LNG, but at a lower price, does seem to favour the Indian utility. Exxon will increase the volume supplied from its share of the Chevron-led Gorgon project in Western Australia by 1 million tonnes a year to about 2.5 million tonnes, but at a lower cost than originally agreed in 2009.

  • Reuterslast month

    ExxonMobil slashes LNG price to India in bad omen for producers

    MELBOURNE/NEW DELHI, Sept 11 (Reuters) - India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp in a rare contract renegotiation, a bad sign for producers in a heavily oversupplied global market. In a trade-off for ExxonMobil, India's Petronet LNG will increase its volumes from the Gorgon LNG project in Australia by an extra 1 million tonnes a year to about 2.5 million tonnes a year, but at cheaper rates than initially agreed in 2009.

  • Reuterslast month

    India Petronet set to buy extra 1 mln T Australian LNG from Exxon - sources

    India's Petronet LNG has agreed to buy an additional one million tonnes of liquefied natural gas (LNG) from ExxonMobil's share of the Gorgon project in Australia, two sources said on Monday, after the global giant eased the terms of a previous deal. Petronet will buy the LNG on delivered basis with a price equivalent to about 12.5 percent of Brent oil prices, the sources said. Indian Oil minister Dharmendra Pradhan said on Saturday that Petronet has been able to renegotiate a contract agreed in 2009 for around 1.5 million tonnes a year of LNG from ExxonMobil's share of the Gorgon LNG project in Australia.

  • Reuters7 months ago

    India LNG demand to dip on phase out of subsidy for power sector

    India's liquefied natural gas (LNG) demand could ease as the government has scrapped subsidies on gas sales to power companies, the chief executive of the country's biggest gas importer said on Wednesday at a gas conference in Japan. India plans to raise the share of gas in its energy mix to 15 percent over the next three years, but a major challenge to that goal is the price sensitivity of Indian consumers. India has for the last two fiscal years been giving discounts on the sale of imported LNG to revive more than 14 gigawatts of stranded power generation capacity that had been hit by domestic gas shortages.

  • Reuters8 months ago

    India's Petronet to cut spot LNG cargo purchases in FY 18

    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.