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The deal was initially expected to be finalized by 31 March 2020, [7] but the non-binding agreement was instead terminated in November 2020 due to low LNG prices adversely affecting the investment case. [8] On 6 February 2024, Petronet LNG signed a supply deal with QatarEnergy for 7.5 million metric tons a year of LNG from 2028 to 2048.
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Petronet LNG Limited (NSE:PETRONET) with a market-capitalization of ₹318.4b, rarely draw their ...
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Petronet LNG Limited (NSEI:PETRONET), with a market capitalization of ₹357.53B, rarely draw their ...
It has about 25% market-share in India among public-sector companies (PSUs) and a strong marketing infrastructure. Oil and Natural Gas Corporation owns 51.11% shares in HPCL and others are distributed amongst financial institutes, public and other investors.
In addition, GAIL is a 12.50% equity owner of Petronet LNG Limited (PLL), [25] which has entered into the following LNG supply agreements: In 1999, PLL signed a 7.5 mtpa sales and purchase agreement with Ras Laffan Liquefied Natural Gas Co. Limited (II) ( Qatargas ); the delivery of the first 5.0 mtpa (phase 1) began in January 2004. [ 26 ]
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