Antique Stock Broking view on Petronet LNG

Petronet LNG is the only pure play in country with one terminal already operating at 10 million tones at Dahej, says Amit Rustagi, Oil & Gas Analyst, Antique Stock Broking.

Rustagi told CNBC-TV18, "We have been basically reiterating our buy on Petronet when it was Rs 80 and we still see a potential upside of 20% because if see what is happening in the country there are lot of gas demand; there is no drought on the gas demand side but if you look at the supply side, whatever estimates we had on the supply side on K-G D6, they have been coming down from 80 mmscmd to 60 mmscmd and now roughly to 50 mmscmd.