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HPCL to buy 11-15% stake in Petronet's east coast terminal

Last Updated: Wednesday, May 21, 2014, 13:20

State-owned Hindustan Petroleum Corp Ltd is likely to buy 11-15 percent stake in Petronet LNG Ltd's Rs 5,000 crore LNG import terminal on the east coast.

Petronet invites bids to lease out LNG storage tanks at Kochi

Last Updated: Monday, April 21, 2014, 20:50

To make Kochi an economically viable proposition, Petronet has invited bids to lease out two liquefied natural gas (LNG) storage tanks for two years.

Petronet to lease out half of Kochi terminal

Last Updated: Sunday, February 02, 2014, 16:14

The 5 million tonne a year LNG import facility, which was commissioned in September, operated at just 5 percent of its capacity in the third quarter (October-December) of the current financial year as pipelines carrying the gas to customers are not yet ready.

GAIL asked to explain logic of seeking reopening of price

Last Updated: Tuesday, December 24, 2013, 18:26

State-run gas utility GAIL India Ltd has been asked to explain the basis on which it is seeking renegotiation of India's most expensive LNG import deal as the contract with Australia's Gorgon project has no such clause.

OVL-IOC-Petronet consortia in talks for stake in Yamal LNG

Last Updated: Monday, September 09, 2013, 17:44

A consortium on ONGC Videsh Ltd, Indian Oil Corp (IOC) and Petronet LNG Ltd is in talks to buy about 9-10 percent stake in Russian natural-gas producer OAO Novatek's USD 20 billion Yamal LNG Project.

Petronet wants IOC to drop Ennore LNG terminal

Last Updated: Sunday, August 04, 2013, 17:57

With Indian Oil Corp (IOC) looking to set up two LNG terminals on the east coast, Petronet LNG Ltd has asked the state-run refiner to drop plans to duplicate infrastructure and has offered to meet all of its gas needs.

Petronet to offer stake in Gangavaram LNG unit to gas supplier

Last Updated: Tuesday, July 30, 2013, 20:19

Petronet LNG Ltd, India's largest importer of liquid gas, will offer 15-18 percent stake in a new LNG import facility it is building at Gangavaram in Andhra Pradesh, to a gas supplier.

Petronet LNG reports 17% drop in June qtr Net

Last Updated: Tuesday, July 30, 2013, 19:00

Petronet LNG Ltd, the nation's largest importer of liquid gas, Tuesday reported a 17 percent drop in its June quarter net profit on account of lower margins.

LNG from US to cost GAIL India $10.5 per mmBtu

Last Updated: Monday, July 22, 2013, 17:31

Liquefied natural gas (LNG) from the US will cost around USD 10.5 per million British thermal unit and will be the cheapest LNG to have been contracted ever by India.

GAIL wants Australian LNG deal to be renegotiated

Last Updated: Tuesday, July 09, 2013, 18:30

Petronet LNG Ltd, a private firm whose chairman is Oil Secretary, had in August 2009 signed a 20-year deal to buy 1.44 million tons per annum of liquefied natural gas (LNG) at a price equivalent to 14.5 percent of the ruling oil rates.

Petronet considering LNG imports from US, Canada

Last Updated: Friday, May 03, 2013, 15:00

Petronet LNG Ltd is India's biggest importer of gas in its liquid form.

Petronet leases out capacity at Dahej terminal to GSPC

Last Updated: Sunday, January 06, 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).