RK Garg, director of finance at Petronet LNG tells CNBC-TV18 that he is happy with the deal that LNG has got with GDF (GAZ de France) at 13-14% of crude price. "Supply is likely to start in 2012," he says. Garg sees spot prices softening for crude.
A Balyan, chief executive officer and managing director of Petronet LNG, in an exclusive interview with CNBC-TV18's Latha Venkatesh and Ekta Batra, said that the company has done 100% capacity utilisation of Dahej terminal.
Speaking to CNBC-TV18, A Balyan, CEO and managing director of Petronet LNG, said that the company has to do further more detailing on the finer parts of the agreement but both companies have agreed to sit together and examine to work on long-term supply to India.
In an interview with CNBC-TV18, Amitava Sengupta, Director (Finance & Commercial), Petronet LNG spoke about the demand-supply scenario. He said that demand for LNG is very strong at the moment.
As the street is buzzing with a number of expectations from the BP and Reliance Industries gas deal, Amitava Sengupta, the Director (Finance & Commercial) of Petronet LNG believes that the deal will help in building the gas infrastructure in the country.