Petronet LNG Limited : Press Release 3rd Quarter

Press Release 3rd Quarter

Press Release

13-Feb-2017

Highest ever profit of Rs 1,235 Cr over nine months period ending 31st December, 2016
Commissioning of expansion of Dahej Terminal from 10 MMTPA to 15 MMTPA

During the quarter ended 31st Dec, 2016 (current quarter), the Company's Dahej terminal has operated at around 98% of its increased name plate capacity. The expansion of Dahej Terminal from 10 MMTPA to 15 MMTPA was commissioned in October, 2016.The volume of 187 TBTU regasified at the Dahej terminal in the current quarter is marginal increase over the previous quarter ended 30th September 2016 and 36% increase over the corresponding quarter ended 31st December 2015. Kochi terminal handled 4 TBTUs of LNG along with the reload services during the current quarter, primarily serving two consumers in the vicinity of the terminal i.e., Kochi refinery and FACT.

The Company has reported profit after tax of Rs 397 Crore in the current quarter which is an increase of 133% over the corresponding quarter (i.e. Rs 171 Crore). The significant increase in profit over the corresponding quarter ended 31st December 2015 is due to higher volumes processed and better efficiency achieved in the operations

. The Company registered the highest ever profit of Rs 1,235 Cr over the nine months period ending on 31st December, 2016, which stood at Rs 668 Cr in the corresponding period, witnessing a growth of 85%. In the past, the highest ever PAT for any complete Financial Year has been reported at Rs 1,149 Cr.

EPC Contract for LNG Regasification facility under further expansion of Dahej LNG terminal from 15 MMTPA to 17.50 MMTPA was awarded by the company in July, 2016 and work is under progress as scheduled.

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	Company Company About Us Board of Directors Promoters Recognitions Corporate Brochure Vigilance Mechanism LNG Academy 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. The company is also exploring suitable opportunities within and outside India to expand its business presence. Natural Gas Natural Gas An Overview LNG INDIA LNG Scenario MSPA eligibility criteria Natural Gas consists mainly of Methane and small amounts of ethane, propane and butane. It is transported through pipelines but is extremely bulky. A high-pressure gas pipeline can transport in a day only about one-fifth of the energy that can be transported through an oil pipeline. Terminals Terminals HSE QHSE & A Policy Dahej Dahej LNG Terminal LNG Transportation Financing End Consumers Kochi Kochi LNG Terminal Solid Cargo Port LNG Sources Gas Transport Small Scale LNG (SSLNG) 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 and the same is under expansion to 22.5 MMTPA in two phases. 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 CSR CSR About CSR at PLL -Healthcare -Combatting COVID-19 -Education & Skill Development -Welfare of Divyangjans -Welfare of widows Empowering women -Environment & Sustainability Petronet LNG Foundation CSR Policy Petronet LNG Limited, as responsible Corporate Citizen undertakes Socio-Economic Development Projects/Programmes to meet priority needs of the community with an aim to help them become self-reliant. These efforts are generally undertaken around our work centers, mostly in the areas of Education, Rural Infrastructure, Healthcare, Sports & Culture, Entrepreneurship, etc. Media Centre Media Centre Press Releases Petronet in Media Photo Gallery Media Contact Logos Four of the top public sector companies of the country's Hydrocarbon Sector viz. Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and GAIL (India) Limited (GAIL) have invested in Petronet LNG. Each has a 12.5% equity share, leading to a total of 50% for the four. Investor Centre Investor Centre Stocks BSE NSE Announcements Disclosures under Regulation 46 of the LODR Financials - PLL Post-Results Conference Call Financials - Subsidiary Equity Structure Shareholding Pattern Shareholder's Meeting Postal Ballot Annual Reports Annual Return Code of Conduct Norms for processing Investors service request by RTA & related forms SOP for dispute resolution under the Stock Exchange arbitration mechanism Investor Contact TDS Related Information Related Party Disclosure pursuant to Regulation 23(9) Details of the Committee Dividend Policy Corporate Governance Sustainability Report Independent Director's Appointment Letter Related Party Policy Vigil Mechanism Familiarisation Programme For Independent Directors Four of the top public sector companies of the country's Hydrocarbon Sector viz. Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and GAIL (India) Limited (GAIL) have invested in Petronet LNG. Each has a 12.5% equity share, leading to a total of 50% for the four. Careers Tender Customers

Press Release 3rd Quarter Press Release 13-Feb-2017 Highest ever profit of Rs 1,235 Cr over nine months period ending 31st December, 2016 Commissioning of expansion of Dahej Terminal from 10 MMTPA to 15 MMTPA During the quarter ended 31st Dec, 2016 (current quarter), the Company's Dahej terminal has operated at around 98% of its increased name plate capacity. The expansion of Dahej Terminal from 10 MMTPA to 15 MMTPA was commissioned in October, 2016.The volume of 187 TBTU regasified at the Dahej terminal in the current quarter is marginal increase over the previous quarter ended 30th September 2016 and 36% increase over the corresponding quarter ended 31st December 2015. Kochi terminal handled 4 TBTUs of LNG along with the reload services during the current quarter, primarily serving two consumers in the vicinity of the terminal i.e., Kochi refinery and FACT. The Company has reported profit after tax of Rs 397 Crore in the current quarter which is an increase of 133% over the corresponding quarter (i.e. Rs 171 Crore). The significant increase in profit over the corresponding quarter ended 31st December 2015 is due to higher volumes processed and better efficiency achieved in the operations . The Company registered the highest ever profit of Rs 1,235 Cr over the nine months period ending on 31st December, 2016, which stood at Rs 668 Cr in the corresponding period, witnessing a growth of 85%. In the past, the highest ever PAT for any complete Financial Year has been reported at Rs 1,149 Cr. EPC Contract for LNG Regasification facility under further expansion of Dahej LNG terminal from 15 MMTPA to 17.50 MMTPA was awarded by the company in July, 2016 and work is under progress as scheduled.




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