🔷 Petronet LNG Signs Regasification Agreement with Deepak Group Arm

**Petronet LNG Limited (PLL)** has executed a **Regasification Agreement** with **Performance Chemiserve Limited (PCL)**, a subsidiary of **Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL)**, on **10th July 2025**. #### 🔑 Key Highlights: * 📍 **Volume**: \~25.6 TBTUs per annum * 📍 **Contract Period**: 5.5 years ⏳ From **May–July 2026** to **31st December 2031** * 📍 **Total Value**: ₹1,200 crore ➕ Potential 20% upside in revenue * 📍 **Terminal**: Dahej LNG Terminal (PLL) * 📍 **Service**: Ex-terminal LNG **regasification** * 📍 **End-use**: For DFPCL’s Taloja manufacturing facility * 🏭 **Nature**: Domestic, non-related party, arm’s length agreement #### 🤝 Strategic Significance: * Strengthens PLL’s **long-term revenue visibility** * Boosts PLL’s regasification utilization at Dahej (one of the busiest globally) * Builds on DFPCL’s LNG import tie-up with **Equinor** (Norway) * Reinforces DFPCL’s vertical integration in the natural gas to chemicals/fertilisers value chain --- ### 🧠 Commentary: This deal reflects PLL’s ability to secure steady long-term clients and adds predictable revenue to its books. With PLL handling 18 MMTPA LNG in FY25 and holding a dominant 43% of India’s regas capacity, this tie-up with a domestic industrial giant like DFPCL enhances its terminal utilization rate and justifies its future capex in Dahej and Gopalpur. For DFPCL, it ensures a secured and domestic regasification partner for LNG sourced globally, ensuring cost-efficiency and supply stability for its downstream manufacturing operations. --- **📌 Source**: \[Petronet LNG Ltd, Exchange Filing, 10 July 2025] **🛑 Disclaimer**: This is for informational purposes only.