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9 9  * Dahej Terminal has a nominal capacity of 17.5 MMTPA, and Kochi Terminal has a capacity of 5 MMTPA
10 10  * Petronet LNG is expanding business in Bangladesh and Sri Lanka by setting up LNG terminals there.
11 11  
12 -
13 13  = Company Overview =
14 14  
15 15  Petronet LNG Limited (NSE:PETRONET), one of the fastest growing world-class companies in the Indian energy sector, has set up the country’s first LNG receiving and regasification terminal at Dahej, Gujarat and another terminal at Kochi, Kerala. While the Dahej Terminal has a nominal capacity of 17.5 MMTPA, the Kochi Terminal has a capacity of 5 MMTPA. Petronet’s Terminals today account for around 40% gas supplies in the country and handle around 75% of LNG imports in India. {{footnote}}https://petronetlng.in/Company.php{{/footnote}}
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19 19  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 Company 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. The company's 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 share capital of the Company is Rs. 3000 Crore.
20 20  
21 21  
20 +[[image:PETRONET0.jpg]]
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22 +
22 22  == Promoters ==
23 23  
24 24  * Bharat Petroleum Corporation Limited (BPCL)
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27 27  * Oil and Natural Gas Corporation Limited (ONGC)
28 28  
29 29  
31 +[[image:PETRONET1.jpg]]
30 30  
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31 31  == DAHEJ LNG Terminal ==
32 32  
33 33  The Company had set up South East Asia's first LNG Receiving and Regasification Terminal with an original nameplate capacity of 5 MMTPA at Dahej, Gujarat. The infrastructure was developed in the shortest possible time and at a benchmark cost. The capacity of the terminal has been expanded in phases which is currently 17.5 MMTPA. The terminal has 6 LNG storage tanks and other vaporization facilities. The terminal is meeting around 40% of the total gas demand of the country.{{footnote}}https://petronetlng.in/Dahej_LNG_Terminal.php{{/footnote}}
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42 42  
43 43  
47 +[[image:PETRONET2.jpg]]
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44 44  == KOCHI LNG Terminal ==
45 45  
46 46  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. The terminal area is situated in the Special Economic Zone (SEZ) of Puthuvypeen near the entrance to Cochin Port. The jetty facility is designed to receive LNG tankers between 65,000 to 216,000 cubic metres (Q- Flex). Terminal has two full containment above ground LNG storage tanks. The Terminal has been commissioned in August, 2013.{{footnote}}https://petronetlng.in/kochi-terminal.php{{/footnote}}
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76 76  During FY 2019-20, the overall shipping operations have run smoothly and the jetty utilization has been optimized without any downtime. LNG vessel Aseem had a contact damage in the month of March 2019 and was not in service for a period of about two & half months. LNG vessel Disha was not in service for a period of about two months due to a breakdown. Cargoes of these vessels were transported by hiring substitute LNG vessels from market without incurring any downtime or commercial loss to PLL.
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78 78  
85 +[[image:PETRONET3.jpg]]
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79 79  == New Business Initiatives ==
80 80  
81 81  **LNG Terminal At Bangladesh Project**
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94 94  The company has completed the Pre-Feed studies along with Japanese Consortium and Sri Lanka Gas Terminal Company Limited for setting up a Floating Storage & Regasification Terminal at Colombo, Sri Lanka. The Company is now conducting the FEED studies. The Environmental Clearance for the project is also progressing and public comments are responded. Discussion on definitive agreement such as terminal use agreement, LNG sale and purchase agreement, implementation agreement, etc. regarding the project have started.
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96 96  
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97 97  = Financial Highlights =
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99 99  
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109 109  * Growth in Profit Before Tax (PBT) of FY 2020-21 over PBT of FY 2019-20 by 28%
110 110  * Growth in Profit After Tax (PAT) of FY 2020-21 over PAT of FY 2019-20 by 9%
111 111  
112 -
113 113  During the quarter ended 31st March, 2021 (current quarter), Dahej terminal processed 204 TBTU of LNG, as against 206 TBTU processed during the corresponding quarter (Q4, FY 2019-20). In the previous quarter (Q3, FY 2020-21), 222 TBTU of LNG was processed. The overall LNG volume processed by the Company in the current quarter was 218 TBTU, as against 219 TBTU processed in the corresponding quarter. In the previous quarter, LNG volume processed was 235 TBTU.
114 114  
115 115  The Company has reported highest ever PBT of Rs 3,968 Crore in the financial year ending 31st March, 2021 (current year), as against Rs 3,111 Crore in the previous year. The PAT for the current year was reported at Rs 2,949 Cr as against the PAT of the previous year of Rs 2,698 Crore.
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