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Petronet LNG
SectorEnergy
Petronet LNG Limited is an Indian energy company specializing in liquefied natural gas (LNG) import and regasification. It operates two LNG terminals: a 17.5 MMTPA facility in Dahej, Gujarat, and a 5 MMTPA facility in Kochi, Kerala. The company handles about 33% of India's gas supplies and one-third of its LNG imports. Formed as a joint venture by the Indian government, its promoters include GAIL, ONGC, IOCL, and BPCL. Petronet LNG has agreements with international suppliers like RasGas and ExxonMobil for long-term LNG supply. The company has expanded its operations over the years, including the commissioning of a second jetty at Dahej and increasing the terminal's capacity. It also provides LNG distribution services and has ventured into LNG-powered transportation. Petronet LNG has established subsidiaries in Singapore and India to further its business interests.
In the news
Petronet LNG appoints Sanjay Kumar as MD & CEO from May 2027
Petronet LNG shares rise on Motilal Oswal's ₹362 target
Expert Stock Recommendations: MRPL, Chennai Petroleum, RR Kabel for September 30
Petronet seeks 5-year director commission extension till 2031
Petronet LNG approves ₹1,200 cr CBG plant JV with Gruner
Petronet LNG: 19-Year Dividend Record with 3.46% Yield
Petronet LNG Q1 results: Revenue drops 53% YoY, profit surges 33%
Petronet LNG shares drop 4% on QatarEnergy force majeure fears
India's Gas Crisis: How Qatar's LNG Shutdown Hit Q1 FY27 Earnings
Qatar LNG Recovery Timeline: 5-Year Capacity Loss Impact
Asian stocks surge 5% on Trump's Strait of Hormuz reopening promise
US Overtakes Gulf as India's Top LNG & LPG Supplier Amid Iran War
Motilal Oswal Sets Petronet LNG Target at ₹360
Petronet LNG shares surge 5% on Dahej terminal expansion
Sensex rises 0.94% as banking, metals drive broad rally
Petronet LNG shares fall 7% as Nomura cuts target amid Qatar crisis
Gas stocks surge up to 9% as government stabilizes supply amid Iran war
Gas stocks surge as Iran-Israel war escalates, force majeure queries rise
Airlines recover as crude oil drops 10% on Trump's Iran war optimism
GAIL cuts gas supplies as Hormuz crisis disrupts LNG imports
Company insights, generated from the most recent coverage.
The FY2026-27 to FY2030-31 commission approval is the fourth straight five-year renewal since 2007, so Petronet's treatment of director pay is fully predictable — no read-through signal for minority shareholders.
MD & CEO Akshay Kumar Singh got a 15-month extension to May 2027 with succession already underway — leadership continuity through the transition reduces strategic drift risk at India's largest gas importer.
Petronet paid only 27.1% of the eligible director commission limit in FY26 (₹36.5 lakh against ₹134.5 lakh permitted), and commission has never exceeded 0.0085% of PBT — the 1% ceiling is a formality, not a value-transfer risk.