Petronet LNG eyeing to pick 26% stake in IOC’s LNG terminal at Ennore

11 Aug 2017

Petronet LNG has initiated talks for buying 26% stake in Indian Oil Corporation’s (IOC's) under-construction 5 million tonne (MT) LNG terminal at Ennore. The board of directors of the company has also approved making a formal proposal to Bangladesh for setting up of a 7.5 MT a year LNG terminal at Kutubdia Island.

Petronet LNG is engaged in sale of re-gasified liquefied natural gas (RLNG). The company is engaged in the import and re-gasification of liquefied natural gas (LNG). The company operates through the segment of natural gas business.

Related Petronet LNG Ltd. Links:

Petronet LNG Share Price

219.90 4.75 (2.21%) Apr 20, 18:01
1 Year Price Chart
Company Name CMP
GAIL India 134.35
Petronet LNG 219.90
Indraprastha Gas 504.30
Linde India 1869.40
Confidence Petroleum 39.40
View more..
Sensex vs Petronet LNG
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323