Petronet LNG Ltd.

Petronet LNG Ltd.

Petronet LNG Limited (PLL) was established on April 2, 1998, as a joint venture company (JVC) with 50% ownership by four leading oil and gas PSUs, as mandated by the Government of India's order on July 4, 1997. It operates under an independent board and focuses on developing facilities for importing, storing, and regasifying liquefied natural gas (LNG). It benefits from equity participation from four Oil & Gas Maharatanas: Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation Limited (IOCL), GAIL (India) Limited (GAIL), and Bharat Petroleum Corporation Limited (BPCL). The remaining 50% of equity is held by the public, including FIIs, FPIs, mutual funds, etc.