Petronet LNG Limited — Others, 02-01-2025: Rumour Verification - Regulation 30(11)
02-01-2025 | 02:02 pm
02-01-2025 | 02:02 pm
Petronet LNG Limited has addressed recent market rumors about potential regulatory changes impacting LNG terminal tariffs. The company clarified that current regulations do not fall under the purview of the Petroleum and Natural Gas Regulatory Board (PNGRB), meaning any changes would require amendments to the PNGRB Act. Petronet highlighted that its Dahej terminal maintains competitive regas charges, which are established through agreements with users and represent only 5-6% of delivered gas prices. This clarification could bolster investor confidence, suggesting a positive outlook given the regulatory stability in the sector.
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