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.
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.