Analysts blame weak demand for a fall in trading margins during the quarter which forced PLNG to charge significantly lower trading margins to enable higher off-take.

Will commission Kochi terminal by July: Petronet LNG

Petronet LNG is banking high on its upcoming terminal in Kochi which is likely to be commissioned by July. In an interview with CNBC-TV18, RK Garg, director-finance at Petronet LNG said that initially it will cater to few customer and later when it gets connected to other two pipelines, volumes will pick up.

Petronet signs initial deal to buy LNG from United LNG

RK Garg, director finance, Petronet LNG says they have signed a preliminary agreement with United LNG, a US based company, with the prime objective of brining liquefied natural gas (LNG) to India.

Petronet LNG likely to commission Kochi terminal by May-Jun

RK Garg, director - Finance, Petronet LNG expects the tie up with Kochi terminal to be commissioned by end of May or early June.

Will bring gas to Andhra Pradesh by 2014-end: Petronet LNG

In an interview to CNBC-TV18, R K Garg, director-finance, Petronet LNG gives his expectations of the company's performance.

Kochi terminal to be completed by March 2013: Petronet

R K Garg, director finance of Petronet, says that as far as Petronet is concerned, our Kochi terminal is likely to be fully completed by March 2013. It would be connected to the phase I pipeline which is being completed by GAIL.

New gas norms won't impact any terminals: Petronet LNG

In an interview to CNBC-TV18 RK Garg, director-finance at Petronet LNG believes that new rules to introduce eligibility conditions for registration of LNG is not going to have any impact on their existing terminal at Dahej, as well as on their upcoming terminal at Kochi.

Expect declining trend in LNG prices: Petronet

Dr. A Balyan CEO & MD of Petronet LNG said the pact signed between GAIL and Spain's Gas Natural Fenosa (GNF) will ensure good capacity utilisation for their Dahej terminal.

Petronet needs strategic partner at Gangavaram, says MD

India's largest gas importer, Petronet LNG is likely to offer equity stakes for its Gangavaram project. Speaking about the project, Dr A Balyan CEO & MD of Petronet LNG told CNBC-TV18 that they have not received any formal request from RIL or BP for the project.

We will commission Kochi terminal on time: Petronet LNG

Petronet LNG says that commissioning of its Kochi terminal is on track. In an interview to CNBC-TV18, A.K Balyan, CEO and MD of the company said that by mid 2013, the Mangalore-Bangalore section of the pipeline will be ready.

Always believed PNGRB had no control on LNG: Petronet

"We have always maintained that the present empowerment of the regulator does not give them the option to look into these aspects. We are happy that the things have moved ahead and the industry is welcoming the situation, "Dr A Balyan CEO & MD of Petronet LNG told CNBC-TV18.

LNG business not under regulator's domain: Petronet LNG

In an interview to CNBC-TV18, A Balyan chief executive officer and managing director, Petronet LNG says, the margins should be market driven and established by market forces. He also says that prices of LNG have gone up in last six months.

LNG prices likely to stabilise near USD10/mbtu: Petronet

High LNG prices worldwide do not reflect the demand supply mechanism, Dr A Balyan, chief executive officer and managing director, Petronet LNG said. Factors beyond the demand supply mechanism are contributing to it, he added.

Petronet LNG expects prices to remain soft ahead

Speaking to CNBC-TV18, Dr A Balyan, chief executive officer and managing director of Petronet LNG says this quarter is the highest ever quarterly output volume the company has recorded, as also the profit.

Marketing margin cap won't impact financials: Petronet LNG

A Balyan, chief executive officer and managing director, Petronet LNG doesn't expect to see a significant impact on company's margins, even if the petroleum regulator asks gas companies to share their profit with the government.

Spot LNG prices to soften further in 2012: Petronet LNG

Sharing details of the company's expansion plans, A Balyan, CEO and Managing Director of Petronet LNG said the Hague expansion plan is on track, and the bidding process is likely to start around March-April.

FY12 output at 11m tonne; may rise in FY13: Petronet LNG

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.

Spot cargoes likely to increase further: Petronet LNG

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.

Petronet to expand Dahej terminal; eyes 15MT capacity ahead

A Balyan, chief executive officer and managing director, Petronet LNG in an interview withn CNBC-TV18 said, there has been steady growth in transfer for the capacity utilization of Dahej plant. In terms of volume the company has done 133 trillion BTUs and these have led to boost in performance.

Gazprom deal to boost portfolio diversification: Petronet

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.

Marg plans to execute Rs 3000cr orderbook in next 2 yrs

GRK Reddy, Chairman and Managing Director of Marg, in an interview with CNBC-TV18’s Gautam Broker and Reema Tendulkar, gave his perspective of the fourth quarter performance and their divulged future plans.

Petronet LNG expects 15 spot cargoes in FY12

Speaking to CNBC-TV18, A Balyan, CEO and MD of Petronet LNG said the topline growth was mainly on account of higher volumes.

Demand for LNG is high at the moment: Petronet LNG

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.

RIL-BP deal will help create gas infra: Petronet LNG

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.

Petronet LNG sees FY12 volumes at 9.5 mtpa

One result which has surprised the street is Petronet LNG which has announced its third quarter results. The company's Q3 net profit was up at Rs 171 crore versus Rs 83.2 crore, year-on-year, YoY. Its net sales were up at Rs 3,600 crore versus Rs 2,213 crore, YoY.