Qatar to waive $1 bn penalty on India for lower gas offtake
Petronet has a take or pay contract with RasGas, where if purchases less than 90 per cent of contracted volume is imported, a penalty triggers, where in it has to pay for all of the contracted volumes Clarifies on News Item
With reference to news reported in Business Standard on November 20, 2015 - "RasGas relaxation could help Petronet avoid Rs 10kcr hit", Petronet LNG Ltd has submitted to BSE a copy of clarification as attached. Clarification sought from Petronet LNG Ltd
The Exchange has sought clarification from the company on November 23, 2015 with reference to news reported in Business Standard on November 20, 2015 - "RasGas relaxation could help Petronet avoid Rs 10kcr hit." The reply is awaited. Resignation of Director
Petronet LNG Ltd has informed BSE that Shri B. C. Tripathi, Nominee Director of GAIL, has resigned from the Board of Directors of the Company w.e.f. November 19, 2015. Long term Capacity Booking Agreement for 1 MMTPA from Dahej terminal
Petronet LNG Ltd has informed BSE that on October 20, 2015, Petronet LNG Limited and Torrent Power Limited have executed Long term Capacity Booking Agreement for 1 MMTPA from Dahej terminal for a period of 20 years starting in 2017. Announces Q2 results & Limited Review Report for the quarter ended September 30, 2015
Petronet LNG Ltd has announced the following Unaudited Standalone results for the quarter ended September 30, 2015:The Company has posted a net profit of Rs. 2488.50 million for the quarter ended September 30, 2015 as compared to Rs. 2628.10 million for the quarter ended September 30, 2014. Total Income has decreased from Rs. 110150.10 million for the quarter ended September 30, 2014 to Rs. 75809.60 million for the quarter ended September 30, 2015. Updates on Outcome of AGM
Petronet LNG Ltd has submitted to BSE a copy of Minutes of the 17th Annual General Meeting (AGM) of the Company held on September 24, 2015. Shareholding Pattern For September 30, 2015
Petronet LNG Ltd has informed BSE about the Shareholding Pattern as on September 30, 2015. Q2 results on Oct 19, 2015
Petronet LNG Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 19, 2015, inter alia, to consider and approve the unaudited financial results for the quarter / half year ended September 30, 2015 (Q2).Further, trading window shall remain closed w.e.f. October 12, 2015 to October 21, 2015 both days inclusive. ONGC shares down on cut in gas price; Indraprastha, Petronet scrips rise
The move is likely to boost demand for natural gas, which had lost to cheaper fuels