Petronet LNG Limited is an Indian oil and gas company formed by the

Government of India The Government of India (ISO 15919, ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of States and union t ...

to import

liquefied natural gas Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume o ...

(LNG) and set up LNG terminals in the country. It is a joint venture company promoted by the Gas Authority of India Limited (GAIL), Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOC) and Bharat Petroleum Corporation Limited (BPCL). Petronet LNG Limited, one of the companies in the Indian energy sector, has set up the country's first LNG receiving and regasification terminal in Dahej, Gujarat, and another terminal in

Kochi Kochi ( , ), List of renamed Indian cities and states#Kerala, formerly known as Cochin ( ), is a major port city along the Malabar Coast of India bordering the Laccadive Sea. It is part of the Ernakulam district, district of Ernakulam in the ...

, Kerala. While the Dahej terminal has a nominal capacity of 17.5 million

tonne The tonne ( or ; symbol: t) is a unit of mass equal to 1,000 kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton in the United States to distinguish it from the non-metric units of the s ...

s per year (equivalent to 70 million cubic metre per day of natural gas at standard conditions), the Kochi terminal has a capacity of 5 million tonnes per year (equivalent to 20 million cubic metre per day of natural gas). Plans to build a third LNG terminal in Gangavaram,

Andhra Pradesh Andhra Pradesh (ISO 15919, ISO: , , AP) is a States and union territories of India, state on the East Coast of India, east coast of southern India. It is the List of states and union territories of India by area, seventh-largest state and th ...

were dropped in October 2019. The company Gaz de France has selected Petronet as its strategic partner. The company has also signed an LNG sale and purchase agreements with QatarEnergy LNG for the supply of 8.5 MTPA LNG to India. Petronet LNG Ltd has set up its first LNG terminal in Dahej in

Gujarat Gujarat () is a States of India, state along the Western India, western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the List of states and union territories ...

with the capacity of 15 million metric tons per year. Capacity of Dahej Terminal will expand to 17.5 million tons per year till 2019. Another terminal with capacity 5 million tons per year is commissioned in

(Kerala) and started its operations in August 2013. Petronet LNG is planning to set up its third LNG terminal with capacity 5 million tons per year probably in Andhra Pradesh. Kochi LNG Terminal is situated in the Special Economic Zone (SEZ) of Puthuvypeen near the entrance to Cochin Port, Kerala. The jetty facility at Kochi terminal is designed to receive LNG tankers of capacity from 65,000 m³ up to 216,000 m³, with possibility of receiving suitable smaller ships. There are various services offered by Petronet LNG Limited, like regasification, storage and reloading, bunkering, gassing-up and cooling-down facilities and LNG truck loading facilities. In September 2019, PetroNet signed an MoU with United States–based Tellurian Inc to purchase a stake in the latter's Driftwood project in

Louisiana Louisiana ( ; ; ) is a state in the Deep South and South Central regions of the United States. It borders Texas to the west, Arkansas to the north, and Mississippi to the east. Of the 50 U.S. states, it ranks 31st in area and 25 ...

and to import 5 million tonnes of LNG annually. The deal was initially expected to be finalized by 31 March 2020, but the non-binding agreement was instead terminated in November 2020 due to low LNG prices adversely affecting the investment case. 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. The agreement was to renew an existing deal with QatarEnergy that expires in 2028 for the same amount of yearly LNG deliveries. On 20 August 2024, MoU was signed between Sri Lanka's LTL Holdings Limited and India's Petronet LNG Limited for the infrastructure development of the Sobadhanavi Combined Cycle Power Plant at Kerawalapitiya, north

Colombo Colombo, ( ; , ; , ), is the executive and judicial capital and largest city of Sri Lanka by population. The Colombo metropolitan area is estimated to have a population of 5.6 million, and 752,993 within the municipal limits. It is the ...

Listings and shareholding

References

External links

Official website

Petronet LNG on BSE India

Petronet eyes 26 per cent stake in IOC's LNG terminal at Ennore
{{Energy companies and organisations in India Oil and gas companies of India Liquefied natural gas terminals Companies based in New Delhi Natural gas companies of India Indian companies established in 1998 1998 establishments in Delhi Companies listed on the Bombay Stock Exchange Companies listed on the National Stock Exchange of India Bharat Petroleum Oil and Natural Gas Corporation Indian Oil Corporation GAIL