Petronet LNG September Quarter Profit Up 82% At Rs 460 Crore
Business | Press Trust of India | Thursday November 17, 2016
Net profit of Rs 460 crore in July-September is 82 per cent higher than Rs 253 crore net profit in the same period a year ago, company CEO and managing director Prabhat Singh said here.
Petronet LNG Net Up 55% At Rs 378 Crore In June Quarter
Business | Press Trust of India | Monday September 5, 2016
Petronet LNG Ltd on Monday posted a nearly 55 per cent jump in its standalone net profit at Rs 377.86 crore for the quarter ended June 30, 2016.
Petronet LNG Posts 10% Rise in Q3 Profit
Business | Press Trust of India | Wednesday February 10, 2016
Petronet LNG Ltd, the country's biggest liquefied natural gas importer, on Wednesday reported a 10 per cent surge in net profit for the December quarter, on shipping higher volumes of gas.
Petronet Pays Hefty Demurrage as PSUs Refuse Costly Gas Import
Business | Press Trust of India | Thursday October 22, 2015
Petronet LNG Ltd, India's biggest liquefied natural gas importer, is shelling out Rs 400 crore every quarter in demurrage charges for ships idling because of its PSU buyers refusing to buy expensive imported gas.
Torrent Power to Use Petronet's Dahej Terminal for Importing LNG
Business | Press Trust of India | Tuesday October 20, 2015
Torrent Power Ltd has signed an agreement to use Petronet LNG Ltd's Dahej import terminal in Gujarat to ship one million tonnes of LNG a year from 2017.
Petronet Posts 5% Fall in Q2 Profit
Business | Press Trust of India | Monday October 19, 2015
Petronet LNG Ltd, India's biggest liquefied natural gas importer, on Monday reported a 5.3 per cent drop in net profit at Rs 248.45 crore for the July-September quarter of the current fiscal year.
Petronet to Raise Rs 1,000 Crore Through Bonds Issue
Business | Press Trust of India | Tuesday September 1, 2015
Petronet LNG Ltd, India's biggest liquefied natural gas importer, will raise Rs 1,000 crore through bonds issue this fiscal mostly to pay off its existing debt.
Petronet LNG Appoints Prabhat Kumar Singh as Managing Director, CEO
Business | Press Trust of India | Thursday July 30, 2015
Prabhat Kumar Singh will be the new managing director and CEO of Petronet LNG Ltd, India's biggest importer of liquefied natural gas (LNG).
Former SAIL Chairman in Race for Petronet Top Job: Report
Business | Press Trust of India | Sunday July 26, 2015
Former SAIL chairman S C Verma and GAIL director (marketing) Prabhat Singh are among over a dozen candidates in race to top job at Petronet LNG Ltd, India's largest liquefied natural gas importer.
Indian Oil Gives LNG Storage Tank Contract to Japan's MHI
Business | Press Trust of India | Monday July 6, 2015
Indian Oil Corp, the country's largest fuel retailer, has awarded a contract to build two football stadium-sized LNG (liquefied natural gas) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Japanese firm Mitsubishi Heavy Industries Ltd (MHI).
Oil Ministry Forms Panel to Look for Petronet CEO: Report
Business | Thursday March 19, 2015
The Oil Ministry has formed a three-member Search Committee to look for replacement of Petronet LNG Ltd chief executive A K Balyan, who it has decided not to give an extension.
Shell, GDF to Take 26% Stake Each in GAIL LNG Terminal: Report
Business | Thursday January 15, 2015
An agreement to formalise the structure is likely to signed in next few days, they said.
Indian Oil Yet to Start Work on Rs 5,150-Cr LNG Project
Business | Monday January 12, 2015
IOC would hold 45 per cent stake in the project while Tamil Nadu government enterprise, TIDCO will have 5 per cent holding. Balance 50 per cent will be held by financial institutions.
HPCL to Take 8% Stake in Petronet's Gangaravam LNG Terminal
Business | Tuesday November 11, 2014
The Viskhapatnam refinery of HPCL, which is only a few kilometers away from Gangaravam port, is being expanded to 15 million tonnes per annum from current 8.33 million tonnes and the expanded unit will have a gas requirement of close to 2.5-3 million standard cubic meters per day.
Petronet Q2 Profit Jumps 44.5 Per Cent to Rs 262.81 Crore
Business | Friday November 7, 2014
Petronet LNG Ltd on Friday reported its highest ever quarterly net profit on back of higher margins and announced plans to raise its mainstay Dahej liquefied natural gas import terminal by 2.5 million tonnes.
Petronet LNG September Quarter Profit Up 82% At Rs 460 Crore
Business | Press Trust of India | Thursday November 17, 2016
Net profit of Rs 460 crore in July-September is 82 per cent higher than Rs 253 crore net profit in the same period a year ago, company CEO and managing director Prabhat Singh said here.
Petronet LNG Net Up 55% At Rs 378 Crore In June Quarter
Business | Press Trust of India | Monday September 5, 2016
Petronet LNG Ltd on Monday posted a nearly 55 per cent jump in its standalone net profit at Rs 377.86 crore for the quarter ended June 30, 2016.
Petronet LNG Posts 10% Rise in Q3 Profit
Business | Press Trust of India | Wednesday February 10, 2016
Petronet LNG Ltd, the country's biggest liquefied natural gas importer, on Wednesday reported a 10 per cent surge in net profit for the December quarter, on shipping higher volumes of gas.
Petronet Pays Hefty Demurrage as PSUs Refuse Costly Gas Import
Business | Press Trust of India | Thursday October 22, 2015
Petronet LNG Ltd, India's biggest liquefied natural gas importer, is shelling out Rs 400 crore every quarter in demurrage charges for ships idling because of its PSU buyers refusing to buy expensive imported gas.
Torrent Power to Use Petronet's Dahej Terminal for Importing LNG
Business | Press Trust of India | Tuesday October 20, 2015
Torrent Power Ltd has signed an agreement to use Petronet LNG Ltd's Dahej import terminal in Gujarat to ship one million tonnes of LNG a year from 2017.
Petronet Posts 5% Fall in Q2 Profit
Business | Press Trust of India | Monday October 19, 2015
Petronet LNG Ltd, India's biggest liquefied natural gas importer, on Monday reported a 5.3 per cent drop in net profit at Rs 248.45 crore for the July-September quarter of the current fiscal year.
Petronet to Raise Rs 1,000 Crore Through Bonds Issue
Business | Press Trust of India | Tuesday September 1, 2015
Petronet LNG Ltd, India's biggest liquefied natural gas importer, will raise Rs 1,000 crore through bonds issue this fiscal mostly to pay off its existing debt.
Petronet LNG Appoints Prabhat Kumar Singh as Managing Director, CEO
Business | Press Trust of India | Thursday July 30, 2015
Prabhat Kumar Singh will be the new managing director and CEO of Petronet LNG Ltd, India's biggest importer of liquefied natural gas (LNG).
Former SAIL Chairman in Race for Petronet Top Job: Report
Business | Press Trust of India | Sunday July 26, 2015
Former SAIL chairman S C Verma and GAIL director (marketing) Prabhat Singh are among over a dozen candidates in race to top job at Petronet LNG Ltd, India's largest liquefied natural gas importer.
Indian Oil Gives LNG Storage Tank Contract to Japan's MHI
Business | Press Trust of India | Monday July 6, 2015
Indian Oil Corp, the country's largest fuel retailer, has awarded a contract to build two football stadium-sized LNG (liquefied natural gas) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Japanese firm Mitsubishi Heavy Industries Ltd (MHI).
Oil Ministry Forms Panel to Look for Petronet CEO: Report
Business | Thursday March 19, 2015
The Oil Ministry has formed a three-member Search Committee to look for replacement of Petronet LNG Ltd chief executive A K Balyan, who it has decided not to give an extension.
Shell, GDF to Take 26% Stake Each in GAIL LNG Terminal: Report
Business | Thursday January 15, 2015
An agreement to formalise the structure is likely to signed in next few days, they said.
Indian Oil Yet to Start Work on Rs 5,150-Cr LNG Project
Business | Monday January 12, 2015
IOC would hold 45 per cent stake in the project while Tamil Nadu government enterprise, TIDCO will have 5 per cent holding. Balance 50 per cent will be held by financial institutions.
HPCL to Take 8% Stake in Petronet's Gangaravam LNG Terminal
Business | Tuesday November 11, 2014
The Viskhapatnam refinery of HPCL, which is only a few kilometers away from Gangaravam port, is being expanded to 15 million tonnes per annum from current 8.33 million tonnes and the expanded unit will have a gas requirement of close to 2.5-3 million standard cubic meters per day.
Petronet Q2 Profit Jumps 44.5 Per Cent to Rs 262.81 Crore
Business | Friday November 7, 2014
Petronet LNG Ltd on Friday reported its highest ever quarterly net profit on back of higher margins and announced plans to raise its mainstay Dahej liquefied natural gas import terminal by 2.5 million tonnes.
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