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July 30, 2015 12:27 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Petronet LNG Ltd.

Company Overview

Petronet LNG Limited is engaged in the import, re-gasification, and supply of liquefied natural gas (LNG) in India. The company owns and operates LNG regasification terminal with the name plate capacity of 10 MMTPA at Dahej in the state of Gujarat, as well as a LNG terminal with a name plate capacity of 5 MMTPA at Kochi in the state of Kerala. Petronet LNG Limited was incorporated in 1998 and is based in New Delhi, India.

World Trade Centre

1st Floor

Babar Road

Barakhamba Lane

New Delhi,  110001

India

Founded in 1998

Phone:

91 11 2341 1411

Fax:

91 11 2347 2550

Key Executives for Petronet LNG Ltd.

Acting Chief Executive Officer, Acting Managing Director, Director of Finance, Whole-Time Director, Member of Share Transfer Committee and Member of Shareholders/Investors Grievance Committee
Age: 59
Total Annual Compensation: $4.1M
Director of Technical, Director, Member of Share Transfer Committee and Member of Shareholders/Investors Grievance Committee
Age: 56
Total Annual Compensation: $4.0M
Compensation as of Fiscal Year 2014.

Petronet LNG Ltd. Key Developments

Petronet Lng Ltd. Announces Management Changes

Petronet LNG Ltd. has announced that Dr. A. K. Balyan has completed his tenure of 5 years as Managing Director & CEO of the Company and superannuated from the company with effect from July 15, 2015. Further, Shri R. K. Garg, Director (Finance), has been appointed as Acting MD & CEO of the company till the appointment of new MD & CEO of the company.

Petronet LNG Ltd. Announces New Appointments

Petronet LNG Ltd. has informed that Shri Kapil Dev Tripathi, Secretary, Ministry of Petroleum and Natural gas, Government of India has been appointed as Chairman and Director on the Board of the company with effect from May 15, 2015. Further the company has informed that, Mr. Eric Ebelin has been appointed as Alternate Director to Mr. Philip Olivier.

Petronet LNG Ltd Announces Resignation of Saurabh Chandra as Chairman and Director

Petronet LNG Ltd. announced that Shri Saurabh Chandra has resigned as Chairman and Director on the Board of the Company effective April 30, 2015 (after working hours) owing to his superannuation from the services as Secretary, Ministry of Petroleum and Natural gas, Government of India.

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