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Petronet LNG offers 5.2% stake to Qatar Petroleum

19 Dec 2012 Evaluate

Petronet LNG has approached Qatar Petroleum International (QPI) offering 5.2 percent stake in the company which was previously held by Asian Development Bank (ADB). Public sector oil firms hold 50 per cent stake in the company and Oil Secretary is the Chairman.

Earlier, Oil Ministry had blocked the move of buying ADB’s stake in Petronet by Indian PSUs namely Indian Oil, Oil & Natural Gas Corp, Bharat Petroleum and GAIL India as it would have turned Petronet into a public sector company.

Petronet LNG is one of the leading players in oil and natural gas industry space. It has India’s first and largest LNG supply terminal located at Dahej.

Petronet LNG Share Price

283.80 1.95 (0.69%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Petronet LNG 283.80
Bharat Coking Coal 33.09
Linde India 7806.30
Refex Industries 263.15
IRM Energy 314.45
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