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.

Subscriber content

This content is available only to subscribers
please log in below or subscribe now / request a free trial