Petronet LNG and ONGC sign regasification agreement for Dahej terminal
pre-market1 source ↓written by the desknot a recommendation
Petronet LNG Limited and Oil and Natural Gas Corporation have signed a five-year Master Regasification Agreement for the Dahej terminal. This deal allows PLL to provide regasification services to ONGC, facilitating the supply of regasified natural gas to downstream consumers. The agreement supports ONGC's strategy to enhance gas marketing through LNG imports and aligns with the growing demand for natural gas in India.
• Five-year agreement
• Focus on LNG imports
• Supports domestic gas production
This partnership may positively impact market sentiment in the energy sector.
Not investment advice. For informational purposes only.