Tag Archives: Petronet LNG

Petronet LNG (PLL) and QatarEnergy (QE) recently announced the extension of their longstanding contract by 20 years at India Energy Week in Goa. According to Wood Mackenzie, the Sales and Purchase Agreement (SPA) extension between QE and PLL covers a total volume of 150 t over 20 years, making it …

QatarEnergy inked a 20-year deal with India’s Petronet for the supply of 7.5 million tons per annum (mtpa) of LNG to India, the Qatari company announced on Tuesday. As part of the deal, starting May 2028, QatarEnergy’s vast LNG fleet will deliver the contracted LNG volumes to Indian terminals, the …

Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.

India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.

Petronet operates a 15 million tonnes per annum terminal at Dahej in Gujarat for import of LNG.

Petronet will buy the LNG on delivered basis with a price equivalent to about 12.5 percent of Brent oil prices.

Petronet runs LNG receiving and regasification terminals at Dahej in Gujarat and Kochi in Kerala. and is building a third in Andhra Pradesh.

Mundra will be the second LNG project of Adani where IOC is investing.

India’s biggest gas importer Petronet LNG annually buys 8.5mn tonnes under a long-term contract.

Farzad-B was discovered by OVL in the Farsi block about 10 years ago.