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Petronet LNG

India

Address: 1st Floor, World Trade Center, Babar Road, Barakhamba Lane, New Delhi - 110 001, India

Tel: +91 - 11 - 2341 1411 / 2341 3130

Web: www.petronetlng.com

Company description

Petronet LNG is at the forefront of India's all-out national drive to ensure the country's energy security in the years to come. Formed as a Joint Venture by the Government of India to import LNG and set up LNG terminals in the country, it involves India's leading oil and natural gas industry players. The promoters are GAIL (India) Limited (GAIL), Oil & Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL). As per Articles of Association of the company, at any given point of time, not more than fifty percent (50%) of the company’s share capital shall be held, whether directly or indirectly, by the Government, including any Government Company and Public Sector Undertaking. GDF SUEZ holds 10% and the Asian Development Bank (ADB), a member of the World Bank Group, holds 5.2% of the equity. The balance equity (34.8%) is held by the public.

Products and services

Exploration and Production of Liquified Natural Gas (LNG) Creation of LNG terminals Shipping Infrastructure development
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