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Petronet LNG gets nod to incorporate wholly-owned subsidiary company

10 Feb 2021 Evaluate

Petronet LNG has received approval from board of directors for incorporation of a wholly-owned subsidiary company of Petronet LNG to undertake the business/ activities including but not limited to grassing up and /or cool down and supply of heel to LNG vessels, LNG bunkering, Training, Consultancy, other value- added marine, transport , LNG services etc.  

Petronet LNG is one of the leading players in oil and natural gas industry space. The company's promoters are GAIL (India), Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL).

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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