Our Company: About Us
Petronet LNG is at the forefront of India's all-out national drive to ensure the country's energy security in the years to come.
Formed as a Joint Venture by the Government of India to import LNG
and set up LNG terminals in the country, it involves India's leading
oil and natural gas industry players. Our promoters are GAIL (India)
Limited (GAIL), Oil & Natural Gas Corporation Limited (ONGC), Indian
Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited
(BPCL). The authorized capital is Rs. 1,200 crore ($240 million).
While French national gas company Gaz de France (GDF) is our strategic
partner, Ras Laffan Liquefied Natural Gas Company Limited, Qatar, has
signed an LNG sale and purchase agreement (SPA) with us for the
supply of LNG to India.
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