Petronet to take 26% stake in LNG shipping venture

Last Updated: Wednesday, April 10, 2013, 15:55

Petronet is building a 5 million tonne per annum capacity LNG import facility at Kochi.

Petronet LNG plans to raise Rs 600 cr via NCD

Last Updated: Sunday, April 7, 2013, 16:02

"We will raise Rs 600 crore through non-convertible debenture (NCD) to fund the capex towards construction of a second jetty and additional storage/regasification facilities at the Dahej terminal," Petronet Director (Finance) R K Garg said here.

Probe Rs 27,000 cr loss in Petronet deal: Former Secretary

Last Updated: Sunday, March 3, 2013, 13:38

As per the contract, Qatar was to supply 7.5 million tonnes of rich gas containing compounds like propane and butane from which LPG and other petrochemicals can be produced.

Appointment of Oil Secretary as Petronet Chairman questioned

Last Updated: Thursday, February 7, 2013, 17:16

Ahead of new Oil Secretary Vivek Rae taking over as Chairman of Petronet LNG Ltd, a member of the Parliamentary Standing Committee on Petroleum & Natural Gas has questioned the rule under which the top government functionary is appointed head of a private company.

Petronet LNG net up 8% at 319 cr

Last Updated: Monday, January 14, 2013, 15:55

Net profit in October-December quarter at Rs 318.50 crore was 8 percent higher than Rs 314.79 crore in the same period a year ago, Petronet Director (Finance) R K Garg said.

Petronet leases out capacity at Dahej terminal to GSPC

Last Updated: Sunday, January 6, 2013, 21:29

Petronet LNG Ltd, the nation's largest liquefied natural gas importer, has leased out 2.25 million tonnes per annum capacity at its Dahej terminal in Gujarat to Gujarat State Petroleum Corp (GSPC).

IGL keen to buy ADB stake in Petronet LNG

Last Updated: Thursday, January 3, 2013, 14:34

Indraprastha Gas Ltd is keen to buy Asian Development Bank's 5.2 percent stake in Petronet LNG Ltd, the nation's largest liquefied natural gas importer.

Qatar Petroleum keen to buy stake in Petronet LNG

Last Updated: Tuesday, December 25, 2012, 17:56

Qatar Petroleum, the Persian Gulf country's state-run energy firm, has majority stakes in RasGas and QatarGas that along with other liquefied natural gas (LNG) suppliers in the world compete to sell fuel to India.

ADB's 5.2% stake in Petronet offered to Qatar

Last Updated: Monday, December 17, 2012, 15:56

India has offered Qatar a 5.2 percent stake that Asian Development Bank (ADB) held in Petronet LNG Ltd, the nation's largest liquefied natural gas importer.

Petronet posts its highest profit of Rs 315 cr for Jul-Sep

Last Updated: Friday, October 19, 2012, 19:21

Petronet LNG Friday reported its highest quarterly profit at Rs 315 crore in the July-September period on back of better margins and operational efficiency.

GAIL hires 2.5 MT capacity at Petronet LNG's Dahej facility

Last Updated: Monday, October 8, 2012, 23:59

GAIL, which recently struck a 20-year deal to buy 2.5 million tons a year of LNG from Gazprom of Russia, has under-written the expansion Petronet is doing of the Dahej terminal from 10 million tons to 15 million ton by 2015.

Three PSU promoters may not buy ADB's stake in Petronet

Last Updated: Sunday, August 12, 2012, 14:02

Under orders from the Oil Ministry, three state-owned firms IOC, ONGC and BPCL have done a U-turn on buying Asian Development Bank's stake in Petronet LNG by deciding not to press for the acquisition.