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Petronet LNG Q1 net rises 5% to Rs 270.8 cr

Last Updated: Tuesday, July 31, 2012, 17:33

The company imports natural gas in its liquid form (LNG) in cryogenic ships and then turns it back into its gaseous state before supplying to consumers.

Petronet in talks to set up Rs 3,000 crore power plant at Kochi

Last Updated: Sunday, July 29, 2012, 12:48

Petronet LNG Ltd, the nation's largest natural gas importer, is in talks to set up a Rs 3,500-crore power plant adjacent to its upcoming LNG import facility at Kochi in Kerala.

Ministry says no to oil PSUs buying ADB stake in Petronet LNG

Last Updated: Sunday, May 13, 2012, 14:06

The Oil Ministry has refused permission to public sector oil companies for acquiring Asian Development Bank's stake in Petronet LNG Ltd (PLL) so as to keep the nation's largest liquefied natural gas importer a private company.

Qatar firm has assured uninterrupted LNG supply: Petronet

Last Updated: Thursday, February 23, 2012, 23:56

The Qatar-based firm contracted to supply liquefied natural gas (LNG) to Petronet LNG Ltd has assured to continue the supply despite tension building up in the Gulf region over Iran's nuclear programme, a top executive of the Indian company said on Thursday.

Petronet LNG Q3 up 73% at Rs 295.38 cr

Last Updated: Friday, January 27, 2012, 22:40

Petronet LNG Ltd, the nation's largest liquefied natural gas importer, on Friday reported a 73 per cent rise in net profit in third quarter ended December 31 on back of increased imports.

Petronet to buy 0.6 MT LNG from GDF Suez

Last Updated: Monday, November 14, 2011, 22:03

Petronet LNG Ltd, the nation's largest liquefied natural gas importer, Monday said it has signed an agreement to buy 0.6 million tons of LNG from GDF Suez.

ONGC board approves acquisition of ADB stake in Petronet

Last Updated: Monday, November 7, 2011, 16:07

After GAIL, IOC and BPCL, the board of state-owned Oil and Natural Gas Corp (ONGC) has approved acquisition of Asian Development Bank's (ADB) stake in Petronet LNG Ltd.

Petronet eyes capacity at LNG terminals in US, Australia

Last Updated: Tuesday, October 18, 2011, 18:46

Petronet LNG Ltd is in talks to acquire capacity at proposed LNG terminals in the US and Australia.

GAIL may buy ADB stake in Petronet LNG for Rs 614 cr

Last Updated: Monday, October 3, 2011, 14:51

The Asian Development Bank plans to sell its 5.2 percent stake in Petronet LNG Ltd, which the state-owned gas utility GAIL India Ltd is keen to acquire and may have to pay over Rs 600 crore for it.

Petronet to finalise investment in power in next 2-3 months

Last Updated: Thursday, September 8, 2011, 17:51

Liquified Natural Gas major Petronet LNG Thursday said it expects to finalise investment in the power sector in the next 2-3 months, in joint venture with Gujarat State Petronet Ltd group.

Fertliser, power firms to pay $5.5 bn more for imported LNG

Last Updated: Monday, August 15, 2011, 14:35

Fertiliser, power and other firms may have to pay an astronomical USD 5.5 billion (Rs 2.5 lakh crore) more for imported LNG from 2014 because of certain price changes Petronet LNG (PLL) had agreed to some years ago.

Petronet June-qtr net more than doubles at Rs 256.7 cr

Last Updated: Wednesday, July 20, 2011, 20:18

Petronet LNG Ltd, the nation's largest liquefied natural gas importer, Wednesday reported more than doubling of its net profit in the quarter ended June 30 on higher sales.