Petronet reports earnings and plan for long-term cargoes at spot prices

Tuesday, 07 July 2020

New Delhi-based firm launched tender in early 2020 for cargoes on a long-term basis

LNG Journal editor

Petronet LNG, the largest Indian gas importer, reported an almost 20 percent drop in quarterly net profits to near $50 million as it planned to sign an agreement soon to buy cargoes at close to Asian spot prices.


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