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Petronet LNG Ltd. Company History and Annual Growth Details

2004

- Asian Development Bank (ADB) acquires 5.2% equity stake in Petronet LNG

-Petronet inks debt syndication agreements with banks and financial institutions

-Petronet LNG gets 1year permit for in-chartering LNG tanker

-Comes out with an Initial Public Offering (IPO) of 260.90 million equity shares in the Rs 13-15 price band, receives application for 278 million equity shares, issue oversubscribed by 4.2 times

- Petronet LNG Ltd enters into Memorandum of Collaboration with IBP Company Ltd on August 25, 2004 for development of LNG distribution business through cryogenic technology under the concept of "The Virtual Pipeline".

-Petronet CEO gets France`s civilian honour

2005

-Petronet join hands with IBP for LNG supply to Gujarat

-Petronet's Dahej gets new gas consignment

2006

-Petronet LNG & Adani Group signs JV agreement for building Solid Cargo Port at Dahej

-Petronet LNG Ltd has informed that Dr. U D Choubey, Director (Marketing) of GAIL (India) Ltd, has been appointed as nominee Director of GAIL on the Board of the Company w.e.f. November 27, 2006 in place of Shri. B S Negi, who has superannuated from the services of GAIL w.e.f. October 31, 2006.

2008

-Petronet LNG Ltd has informed that Mr. S V Narasimhan has been appointed as Nominee Director of Indian Oil Corporation (IOCL) on the Board of the Company in place of Mr. B M Bansal w.e.f. April 16, 2008.

-Petronet LNG Ltd has informed that Mr. S V Narasimhan has been appointed as Nominee Director of Indian Oil Corporation (IOCL) on the Board of the Company in place of Mr. B M Bansal w.e.f. April 16, 2008.

-Petronet LNG Ltd has informed that Mr. Seethapathy Chander has been appointed as Nominee Director of Asian Development Bank (ADB) w.e.f. July 16, 2008 on the Board of the Company in place of Mr. Arun Duggal who has resigned from the office of Director.

-Petronet LNG Ltd has appointed Shri. R S Pandey, Secretary (P&NG), Ministry of Petroleum & Natural Gas, as Director and Chairman of the Company.

2009

-ExxonMobil and Petronet Sign Gorgon LNG Supply Agreement

-Petronet ties up 1.5-mn-tonnes/year LNG import from Australia

2010

- Petronet LNG Ltd signs agreemnts with GAIL, IOCL, BPCL

- PLL gets approval to increase capacity

2011

- Petronet LNG got approval the expansion of Dahej Terminal from 10 MMTPA to 15 MMTPA.

- Petronet received approval for expanding Kochi LNG Terminal capacity up to 5mmtpa

2012

- Petronet LNG signs term sheet with Gangavaram Port to develop terminal in Andra

- Petronet LNG Ltd got Energy And Environment Excellence Award-2012 to CEO & MD

- Petronet LNG Ltd got Energy And Fgi HR Award-2012 to CEO & MD

2013
-PetronetLNG - Petronet brings first LNG Cargo at Kochi LNG Terminal
-Board recommends Dividend of Rs 25% to the Shareholders.

2014
-Board recommends Dividend of Rs. 20% to the Shareholders.
-eINDIA 2014 award to Project SANKALP the ERP upgrade project of Petronet LNG Ltd
-Petronet LNG Limited gets Global CSR Awards.
-Petronet LNG Ltd has been awarded the 1st runner up award - The Heavyweights for Business World India's fastest Growing Companies Awards 2014.

2015
-Petronet LNG Ltd has started offering gassing-up and cool-down services to LNG ships to generate revenue from different streams to tied over losses
-Petronet LNG Ltd has received the green signal from the Union Ministry of Environment and Forests to its proposed liquefied natural gas terminal at Gangavaram Port in Andhra Pradesh

2016
-Petronet LNG commissions 2 LNG storage tanks

2017
- INDIA GETS LoI FROM SRILANKAN GOVT. TO SET-UP LNG TERMINAL IN SRI LANKA

2018

- PetronetLNG - 1 MMTPA LNG Sale And Purchase Agreement With Rasgas Of Qatar

2021

-Petronet LNG extends its support to the National Mission for Clean Ganga & Clean Ganga Fund (CGF)

2022

- Petronet LNG (PLL) has incorporated a wholly-owned subsidiary company at Singapore under the name 'Petronet LNG Singapore' on 7 March 2022.

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