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Petronet LNG Q3 net up 133percent at Rs.397 crore

Petronet LNG Q3 net up 133percent at Rs.397 crore

Petronet LNG Ltd has more than doubled its net profit to Rs 397 crore in the third quarter ended December 31 as it handled record volumes of imported gas. Net profit in October-December at Rs 397 crore was 133 per cent higher than Rs 171 crore in the same period a year ago.

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Shipping ministry to procure LNG vessels

Shipping ministry to procure LNG vessels

The ministry of shipping has signed a memorandum of understanding with the Inland Waterways Authority of India (IWAI) and Petronet LNG Ltd at the Maritime India Summit in April, with the objective of promoting the usage of LNG barges on National Waterway-1 on the river Ganga.