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275.64999 INR
8.15
2.87%
Last update May 11, 3:29 PM IST
Market closed
Day range
275.049988
281.14999
Previous close
283.79999
Open
281.14999
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Petronet LNG Ltd.
275.65
8.15
2.87%

Overview

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Description

Petronet LNG Ltd. is a prominent player in the liquefied natural gas (LNG) sector, primarily involved in importing, re-gasifying, and distributing LNG across India. Established as a public company, Petronet LNG plays a critical role in bolstering India's energy security by facilitating a stable supply of natural gas. This resource is essential for various industries, including power generation, fertilizer production, and transportation, making LNG a key component of the nation's energy mix. The company manages major LNG terminals situated in strategic coastal locations such as Dahej in Gujarat and Kochi in Kerala, ensuring efficient and reliable access to natural gas for diverse industrial applications. Petronet LNG's significant contribution lies in its ability to support the transition towards cleaner energy by promoting natural gas as a viable alternative to more polluting fossil fuels. In the broader energy market, Petronet LNG is notable not just for its operational capabilities but also for its collaborations and joint ventures with global energy giants. These partnerships enhance its technological expertise and competitiveness, thereby positioning Petronet LNG as a vital component of India's efforts to achieve sustainable energy growth and economic development.

About

CEO
Mr. Akshay Kumar Singh
Employees
579
Address
World Trade Centre
1st Floor Babar Road Barakhamba Lane
New Delhi, 110001
Phone
91 11 2341 1411
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Country
India
MIC code
XBOM
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