Petronet LNG Latest Updates

Financial Results & Dividend: The Board of Directors will meet on November 7, 2025, to consider the unaudited financial results for the quarter ended September 30, 2025 (Q2 FY26) and to potentially declare an Interim Dividend. East Coast Expansion: The company has approved an enhanced investment of ₹6,355 Crore for setting up a 5 MMTPA land-based LNG terminal at Gopalpur Port, Odisha. This is the company's first new greenfield terminal on the East Coast. Petrochemical Diversification: Petronet is moving forward with its petrochemical project at Dahej. It has signed a 15-year offtake agreement with Deepak Phenolics Limited for the sale of products like propylene and hydrogen from the new complex. Long-Term Supply Secured: A major long-term LNG Sale and Purchase Agreement (SPA) with QatarEnergy (7.5 MMTPA) is in place, set to begin in 2028 and run until 2048. Additionally, a 15-year supply deal with ExxonMobil will commence in FY 2025-26.