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Wednesday, December 7, 2022

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Petronet To Invest Rs 40,000 Crore In 5 Years

The firm ‘envisages to be a global LNG player and has thereby incorporated a wholly-owned subsidiary company ‘Petronet LNG Singapore Pte.’ on March 7, 2022.’

‘Petronet LNG Singapore has been incorporated to carry out business/activities, including but not limited to purchase of LNG on long, spot and short-term basis and sale of LNG, trading of LNG to Indian and foreign companies, optimization and diversion of LNG under its portfolio, carry out hedging, investments in overseas ventures etc,’ it added.

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