Petronet LNG Ltd - Company Profile
Powered by 
All the data and insights you need on Petronet LNG Ltd in one report.
$295
- Save hours of research time and resources with
our up-to-date Petronet LNG Ltd Strategy Report
- Understand Petronet LNG Ltd position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Petronet LNG Ltd (Petronet) is an energy company that carries out operations in the midstream sector. The company regasifies the imported LNG and supplies to its clients including refineries, city gas distributors, oil and gas, fertilizer and power companies and others. Petronet imports LNG from Qatar, Oman and Australia. It also owns and operates LNG terminals at Dahej, Gujarat and Kochi, Kerala. Its major promoters include GAIL (India) Ltd, Oil and Natural Gas Corp Ltd (ONGC), Indian Oil Corp Ltd (IOCL) and Bharat Petroleum Corp Ltd (BPCL). Petronet is headquartered in New Delhi, India.
Headquarters
India
Address
1st Floor, World Trade Center, Babar Road, Barakhamba Lane, New Delhi, 110001
Website
petronetlng.in
Telephone
91 11 23411411
No of Employees
520
Industry
Energy and Utilities
Ticker Symbol & Exchange
PETRONET (NSE)
Revenue (2022)
$7.6B
38.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-3.3%
(2022 vs 2021)
Market Cap*
$5.5B
Net Profit Margin (2023)
XYZ
-30.3%
(2022 vs 2021)
* As of and is in US$
Petronet LNG Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Liquefied Natural Gas | Regasification of LNG |
| Handling of LNG | |
| Ancillary Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In February, the company announced its plans to invest INR 40,000 crore for expansion of import capacity and petrochemicals. |
| 2024 | Contracts/Agreements | In January, the company signed an LNG purchase agreement to sell 0.5 MMTPA LNG to GAIL India Ltd. |
| 2024 | Plans/Strategy | In January, the company announced its plans to sign an agreement to extend its ongoing imports of liquefied natural gas from Qatar beyond the year 2028. |
Competitor Comparison
| Key Parameters | Petronet LNG Ltd | Oil India Ltd | Gujarat State Petronet Ltd | East West Pipeline Ltd | Mundra LNG Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | New Delhi | Noida | Gandhinagar | Mumbai | Ahmedabad |
| State/Province | Delhi | Uttar Pradesh | Gujarat | Maharashtra | Gujarat |
| No. of Employees | 520 | 6,759 | 256 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Pankaj Jain | Chairman | Executive Board | 2022 | 57 |
| Akshay Kumar Singh | Chief Executive Officer; Director; Managing Director | Executive Board | 2021 | 62 |
| Vinod Kumar Mishra | Director - Finance; Director | Executive Board | 2018 | 60 |
| Pramod Narang | Director; Director - Technical | Executive Board | 2020 | 60 |
| Sanjeev Mitla | Director | Non Executive Board | 2022 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward