Petronet LNG Limited Overview
Pro stress-test →Petronet LNG Limited is an Indian oil and gas company formed by the Government of India to import liquefied natural gas (LNG) and set up LNG terminals in the country. It operates LNG receiving and regasification terminals at Dahej, Gujarat with a capacity of 17.5 MMTPA and at Kochi, Kerala with a capacity of 5 MMTPA. The company is a critical player in India's energy infrastructure, with a 50% stake held by four major public sector undertakings.
Strategic Profile
Pro stress-test →Petronet imports LNG from Qatar, Oman and Australia and owns and operates LNG terminals at Dahej, Gujarat and Kochi, Kerala. Major promoters include GAIL (India) Ltd, Oil and Natural Gas Corp Ltd (ONGC), Indian Oil Corp Ltd (IOCL) and Bharat Petroleum Corp Ltd (BPCL). The company's strategic positioning as India's primary LNG regasification hub provides stable long-term cash flows and expansion opportunities aligned with India's energy security objectives.
Competitive Landscape
Pro stress-test →Main competitors include GAIL (India), Indraprastha Gas, Adani Total Gas, Mahanagar Gas, and Gujarat Gas. While Petronet operates India's largest LNG regasification capacity, it faces competition from city gas distributors and other energy suppliers. The company's monopolistic position in LNG import terminals provides substantial competitive advantages despite these dynamics.
Industry Context
Petronet LNG Limited operates in Oil and Gas / LNG Midstream.
Key facts
Founded: 1998 · Headquarters: New Delhi, India · Employees: 587 · Revenue: $5.48B · Market cap: $4.72B