Company Profile: State-owned Company operating Natural Gas terminal for importing Liquid Natural gas and Distribution. The company imports and Re-Gasify LNG. The Company runs three Terminals around the nation.
- Date
- Kochi
- Gangavaram
Regasification is a process of converting liquefied natural gas (LNG) at −162 °C (−260 °F) temperature back to natural gas at atmospheric temperature.
Share Holding Pattern BSE Data
Financials and Ratio :
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Future Prospects: Petronet LNG, As an Importer of Natural Gas, is in the right place. However, procuring Natural Gas puts the company at risk of changing the price of Natural Gas. However, it has Contracted to acquire Natural Gas. Still, there is always a risk.
But Indian companies planned to increase the production of natural gas, and Govt initiatives to give Gas supply, maybe piped or By cylinder, set to increase the importance of the company—reduction of cost and increased demand.
Though Financials are volatile as State-run Companies are set up the company, the risk of failure is low. The business is also diversified. It does not depend upon a single terminal.
Like every other business, this also has costs, mostly fixed.
- Liquification of gas $1.1 per Million Cubic Feet – /+ $0.2
- Tanker and other shipping and operating costs $0.7 – $1 Million Cubic Feet
- Regasification $0.35 Million Cubic feet.
Even though the company is outperforming Indices, the business’s intrinsic value is high.
