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Petronet to finalise Gazprom LNG deal soon: govt

08 Dec 2011 Evaluate

Petronet LNG will soon finalise an agreement for sourcing liquefied natural gas from Russia under a pact with energy giant Gazprom. In June, Gazprom had signed a preliminary deal with Petronet for the supply of 2.5 million tonnes of LNG annually. India is the world's eighth-largest importer of LNG and the widening gap between demand and supply could mean imports rise as much as five-fold in the next decade.

Peers
Company Name CMP
Petronet LNG 293.50
Linde India 6008.90
IRM Energy 259.30
Steamhouse India 126.20
Nilachal Carbo Metal 108.65
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