With reference to earlier letter no. ND/PLL/SECTT/ME/2015 dated 31st December 2015, Petronet LNG has informed that the company had entered into a binding sale and purchase agreement with RasGas of Qatar (LNG Supplier) for supply of an additional 1 MMTP A of LNG for onward sale to lOCL, BPCL, GAIL and GSPC. At the request of the above four entities, the contract has been re-structured by having direct arrangement between the LNG supplier and the Indian entities with effect from 1st January, 2019 wherein the company will now continue to provide the storage, receiving and regasification services for the above mentioned contract but will not be the buyer of LNG.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
GAIL India | 199.65 |
Petronet LNG | 295.35 |
Linde India | 7630.40 |
Confidence Petroleum | 90.81 |
Refex Industries | 171.70 |
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