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Petronet LNG inks MoU with LTL Holdings

20 Aug 2024 Evaluate

Petronet LNG (PLL) has entered into a Memorandum of Understanding (MoU) with LTL Holdings (LTL) of Sri Lanka on August 20, 2024 at Colombo, Sri Lanka for supply of LNG to LTL’s dual fuelled Power Plant(s) in Kerawalapitiya, Colombo. 

Both parties, through this MoU, have agreed for development of LNG supply chain from PLL’s LNG terminal, Kochi to LTL’s Power Plant(s) in Kerawalapitiya, Colombo in a time bound manner. The proposed supply of LNG from PLL's Kochi LNG Terminal would be through LNG ISO tank containers involving multi-modal transport system. The initial term of LNG supply would be 5 years, which is extendable subject to mutual agreement. 

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).


Petronet LNG Share Price

273.05 1.50 (0.55%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Petronet LNG 273.05
Bharat Coking Coal 35.75
Linde India 7234.30
Refex Industries 244.75
IRM Energy 220.60
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