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Petronet LNG

BSE: 532522|NSE: PETRONET|ISIN: INE347G01014|SECTOR: Oil Drilling And Exploration
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Company History - Petronet LNG
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
Source : Dion Global Solutions Limited
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