Petronet LNG has successfully concluded and executed a LNG Sale & Purchase Agreement (LNG SPA) for purchase of around 7.5 MMTPA LNG with QatarEnergy on long-term basis today. This is pursuant to extension of an existing LNG SPA for LNG supply of around 7.5 MMTPA LNG Sale & Purchase Agreement on FOB basis, signed on 31 July 1999 for supplies till 2028. Under the new agreement, LNG supplies will be made on delivered (DES) basis commencing from 2028 till 2048.This LNG SPA between PLL and QatarEnergy will ensure energy security of the India and assure continued supplies of regasified LNG to major consuming sectors like fertilisers, CGD, refineries & petchem, power and other industriesPowered by Capital Market - Live News

Net profit of Petronet LNG rose 1.38% to Rs 1212.98 crore in the quarter ended December 2023 as against Rs 1196.46 crore during the previous quarter ended December 2022. Sales declined 6.52% to Rs 14747.21 crore in the quarter ended December 2023 as against Rs 15775.87 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales14747.2115775.87 -7 OPM %11.5610.62 - PBDT1815.001793.71 1 PBT1619.521601.39 1 NP1212.981196.46 1 Powered by Capital Market - Live News

Petronet LNG will hold a meeting of the Board of Directors of the Company on 29 January 2024.Powered by Capital Market - Live News

Petronet LNG has executed binding Transaction Documents viz. (a) Sub-Concession Agreement (b) Sub-Lease deed and (c) Port Service Agreement with M/s Gopalpur Ports on 27 December 2023 for setting up of Floating Storage Regasification Unit (FSRU) based LNG terminal with capacity of ~4 MMTPA (Phase-1), with provision for converting to 5 MMTPA land-based terminal at Gopalpur Port, District - Ganjam, Odisha.Petronet LNG is in process of setting up its maiden LNG terminal on the east coast of India at Gopalpur, District- Ganjam, Odisha which would bring augmentation in overall regasification capacity in the country thereby contributing towards gas-based economy. Powered by Capital Market - Live News

Petronet LNG announced that the Board of Directors of the Company at its meeting held on 30 October 2023, inter alia, have recommended the interim dividend of Rs 7 per equity Share (i.e. 70%) , subject to the approval of the shareholders.Powered by Capital Market - Live News