LNG

Petronet LNG, the owner of the largest Indian import terminal at Dahej north of Mumbai, has outlined details about import expansion plans, target prices for spot cargoes, advances in small-scale LNG and blending LNG with domestic gas to cut costs for city-gas distributors.

Petronet LNG, the owner of the largest Indian cargo import terminal at Dahej, has incorporated a wholly-owned subsidiary company in Singapore to increase trading activities especially for spot and short-term LNG cargo supplies.

Petronet LNG, the largest Indian cargo importer, reported a surge in revenues and a decline in net profits as it planned a terminal expansion and the construction of a new facility on the East Coast.