Annual revenue, however, fell 8% to Rs 35,824 crore.The overall LNG volume processed by the company in the Jan-March quarter was 219 thousand British thermal units (TBTU), as against 205 TBTU in the year-ago period.Machine Maker one of the leading manufacturing news portal in India is bringing out an exclusive opportunity to manufacturing houses to source the right candidates with complimentary Job Listing.
Post completion of these pipeline, the terminal utilization shall increase significantly.Kochi Terminal has so far handled 66+ Cargoes operations (including 24 Reload / Cool down Cargo operations and 2 bunkering).To cater the gas requirement of the Southern India, Petronet LNG Limited commissioned its second LNG receiving, storage and regasification terminal in Kochi with 5 MMTPA nameplate capacity. We are initiating this utility to bridge the gap between the resources and manpower deficit in the manufacturing sector.Uttar Pradesh Metro Rail Corporation We are sure that you would help us to develop more interactive articles, next time by being part of this survey.Would you mind taking a small survey?Petronet LNG, Indiaâs largest natural gas importer, said its business has quickly recovered from the lockdown lows and both its regasification terminals are operating at their highest rate.Petronetâs LNG regasification terminal at Dahej in Gujarat is operating at more than 100% capacity.
It has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat with present nominal capacity of 17.5 MMTPA and another terminal at Kochi, Kerala having a nominal capacity of 5 MMTPA. The profit rose 25% to Rs 2,698 Cr in 2019-20. Under the brand name Taral, Kochi is also supplying LNG through LNG Trucks to various customers who are not connected with gas grid. During the lockdown, capacity utilisation had fallen to about two-thirds at Dahej for some days.Petronet is also looking to enter into a long-term contract for the purchase of one million tonnes a year of LNG with prices indexed to spot rates, Singh said, adding that a deal would be closed soon.A global supply glut and a pandemic-induced demand destruction have caused a price collapse in the spot market and LNG is now available for around $2 per mmBtu.Petronet is also currently holding discussions with Qatar on reopening their long-term LNG purchase deal to bring down prices, Singh said. Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector.
It has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat with present nominal capacity of 17.5 MMTPA and another terminal at Kochi, Kerala having a nominal capacity of 5 MMTPA.
Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector. In the absence of required pipeline network to increase the terminal utilization, ancillary services such as storage & reloading, cool down, bunkering options are also being offered at Kochi terminal which makes Kochi a unique terminal on its own kind.
Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector. The terminal area is situated in the Special Economic Zone (SEZ) of Puthuvypeen near the entrance to Cochin Port. Dahej LNG Terminal of Petronet LNG Limited is situated in the southern reaches of the port area and presently has single LNG jetty designed to receive LNG Tankers of up to 2,20,000 m3 (QFlex) for the import of LNG. Another terminal at Kochhi, which has 5 million tonnes a year capacity, usually operates at a very low capacity due to the absence of pipeline connecting customers. The Terminal has been commissioned in August, 2013.A long-term contract executed of about 1.4 mmtpa LNG from Exxon Mobil’s Gorgon Project (Australia).
The Terminal is also offering tolling services to the bulk customers.
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