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Petronet LNG Ltd (PLNG.BO)

PLNG.BO on Bombay Stock Exchange

249.95INR
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Rs2.20 (+0.89%)
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Rs247.75
Open
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Volume
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Rs302.00
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Rs170.75

Latest Key Developments (Source: Significant Developments)

Petronet LNG Ltd Exec Says Proposed Deal With Tellurian LNG Still Under Discussion
Tuesday, 30 Jun 2020 

June 30 (Reuters) - Petronet LNG Ltd Exec V K Mishra::PETRONET LNG LTD EXEC SAYS WRITTEN LETTERS TO QATAR, TALKS ARE ON FOR NEGOTIATION OF GAS PRICES.PETRONET LNG LTD EXEC SAYS DEFERRED 8 LNG CARGOES FROM QATAR, 1 FROM EXXON MOBIL'S GORGON PROJECT IN AUSTRALIA AFTER FORCE MAJEURE DECLARED.PETRONET LNG LTD EXEC SAYS PROPOSED DEAL WITH TELLURIAN LNG STILL UNDER DISCUSSION .PETRONET LNG LTD EXEC SAYS FY 21 CAPEX 3.48 BILLION RUPEES .PETRONET LNG LTD EXEC SAYS WILL TIE UP WITH EXISTING FUEL, GAS RETAILERS FOR SALE OF LNG FOR TRANSPORT SECTOR.PETRONET LNG LTD EXEC SAYS WILL NOT ENTER INTO DIRECT SALE OF LNG TO CONSUMERS.PETRONET LNG LTD EXEC SAYS SOME POWER PLANTS RAISED LNG USE AFTER DECLINE IN SPOT PRICES.PETRONET LNG LTD EXEC SAYS DAHEJ LNG PLANT OPERATING AT ALMOST FULL CAPACITY.PETRONET LNG LTD EXEC SAYS HOPES DAHEJ PLANT TO OPERATE AT 100% CAPACITY IN JULY 2020 - MARCH 2021.PETRONET LNG LTD EXEC SAYS MAY RENEW MOU WITH TELLURIAN LNG.  Full Article

India's Petronet LNG Executes Supplementary Memorandum Of Understanding With Tellurian
Thursday, 27 Feb 2020 

Feb 27 (Reuters) - Petronet LNG Ltd ::EXECUTED SUPPLEMENTARY MEMORANDUM OF UNDERSTANDING WITH TELLURIAN.SUPPLEMENTARY MOU EXTENDS NON-BINDING MOU SIGNED WITH TELLURIAN ON SEPT. 21, 2019.  Full Article

India's Petronet LNG Dec-Qtr Profit Rises
Monday, 10 Feb 2020 

Feb 10 (Reuters) - Petronet LNG Ltd ::DEC QUARTER PROFIT 6.75 BILLION RUPEES VERSUS PROFIT OF 5.65 BILLION RUPEES YEAR AGO.PETRONET LNG LTD CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 6.37 BILLION RUPEES - REFINITIV DATA.DEC QUARTER REVENUE FROM OPERATIONS 89.1 BILLION RUPEES VERSUS 100.98 BILLION RUPEES YEAR AGO.  Full Article

India's Petronet LNG Sept Quarter Profit Rises
Tuesday, 29 Oct 2019 

Oct 29 (Reuters) - Petronet LNG Ltd ::SEPT QUARTER PROFIT 11.03 BILLION RUPEES VERSUS PROFIT OF 5.63 BILLION RUPEES LAST YEAR.SEPT QUARTER REVENUE FROM OPERATIONS 93.61 BILLION RUPEES VERSUS 107.45 BILLION RUPEES LAST YEAR.PETRONET LNG LTD SAYS SEPT QUARTER EXCEPTIONAL ITEM 720.6 MILLION RUPEES.Declares Special Interim Dividend Of 5.50 Rupees Per Equity Share.  Full Article

Tellurian And Petronet Sign MoU For Up To 5 Mln Tonnes Of LNG Through Equity Investment In Driftwood
Sunday, 22 Sep 2019 

Sept 21 (Reuters) - Tellurian Inc ::TELLURIAN AND PETRONET SIGN MOU FOR UP TO 5 MILLION TONNES OF LNG THROUGH EQUITY INVESTMENT IN DRIFTWOOD.TELLURIAN INC SAYS TELLURIAN AND PETRONET WILL ENDEAVOR TO FINALIZE TRANSACTION AGREEMENTS BY 31 MARCH 2020..  Full Article

Petronet LNG MD Says Still Evaluating Plan To Buy Stake In Tellurian Inc's Project
Wednesday, 15 May 2019 

May 15 (Reuters) - Petronet LNG Ltd MD Prabhat Singh::PETRONET LNG LTD EXEC SAYS STILL EVALUATING PLAN TO BUY STAKE IN TELLURIAN INC'S PROJECT.PETRONET LNG LTD EXEC SAYS HOPES TO DECIDE ON BUYING STAKE IN OVERSEAS LNG PROJECT IN 3 MONTHS.PETRONET LNG LTD EXEC SAYS CURRENT DELIVERED COST OF LNG FROM QATAR UNDER LONG-TERM DEAL IS $8.50 -$9 / MMBTU VERSUS SPOT PRICE OF ABOUT $5/MMBTU.  Full Article

Petronet LNG Exec Says Global LNG Prices Likely To Remain Low Due To Rising Production
Wednesday, 15 May 2019 

May 15 (Reuters) - Petronet LNG Ltd ::INDIA'S PETRONET LNG EXEC SAYS FACT LTD HAS RESUMED LNG PURCHASE FROM PETRONET IN THIS FY.INDIA'S PETRONET LNG EXEC SAYS FACT LTD IS BUYING 0.8 MMCMD GAS FROM PETRONET.INDIA'S PETRONET LNG EXEC SAYS HOPES TO OPERATE KOCHI LNG TERMINAL AT 16% CAPACITY IN FY19 VERSUS 9 % IN FY 18.PETRONET LNG EXEC SAYS GLOBAL LNG PRICES LIKELY TO REMAIN LOW DUE TO RISING PRODUCTION.PETRONET LNG EXEC SAYS HAVE ASKED FINANCE MINISTRY TO WAIVE IMPORT TAX ON LNG-DRIVEN TRUCKS.PETRONET LNG EXEC SAYS HOPES TO EXPAND DAHEJ LNG TERMINAL CAPACITY BY END-JUNE.  Full Article

Petronet LNG March-Qtr Profit Falls
Wednesday, 15 May 2019 

May 15 (Reuters) - Petronet LNG Ltd ::RECOMMENDED FINAL DIVIDEND OF 4.50 RUPEES PER SHARE.MARCH QUARTER PROFIT 4.40 BILLION RUPEES VERSUS PROFIT OF 5.23 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 5.55 BILLION RUPEES.MARCH QUARTER REVENUE FROM OPERATIONS 83.83 BILLION RUPEES VERSUS 86.36 BILLION RUPEES LAST YEAR.  Full Article

India's Petronet LNG Sept-Qtr Falls
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Petronet LNG Ltd ::SEPT QUARTER PROFIT 5.63 BILLION RUPEES VERSUS PROFIT 5.89 BILLION RUPEES YEAR AGO.SEPT QUARTER REVENUE FROM OPERATIONS 107.45 BILLION RUPEES VERSUS 77.70 BILLION RUPEES YEAR AGO.DECLARED SPECIAL INTERIM DIVIDEND OF 5.50 RUPEES PER SHARE.  Full Article

Morning News Call - India, July 24

To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07242020.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 3:00 pm: NITI Aayog Vice Chairman Rajiv Kumar at an interactive session on Twitter Live in New Delhi. 5:00 pm: RBI to release weekly foreign exchange data in Mumbai.