Brief: Petronet LNG Exec Says Global LNG Prices Likely To Remain Low Due To Rising Production

Fertilisers And Chemicals Travancore

15/05/2019 14:57

May 15 (Reuters) - Petronet LNG Ltd  PLNG.NS :
    * INDIA'S PETRONET LNG EXEC SAYS FACT LTD HAS RESUMED LNG
PURCHASE
FROM PETRONET IN THIS FY
    * INDIA'S PETRONET LNG EXEC SAYS FACT LTD IS BUYING 0.8
MMCMD GAS
FROM PETRONET
    * INDIA'S PETRONET LNG EXEC SAYS HOPES TO OPERATE KOCHI LNG
TERMINAL AT 16% CAPACITY IN FY19 VERSUS 9 % IN FY 18
    * PETRONET LNG EXEC SAYS GLOBAL LNG PRICES LIKELY TO REMAIN
LOW 
DUE TO RISING PRODUCTION
    * PETRONET LNG EXEC SAYS HAVE ASKED FINANCE MINISTRY TO
WAIVE
IMPORT TAX ON LNG-DRIVEN TRUCKS
    * PETRONET LNG EXEC SAYS HOPES TO EXPAND DAHEJ LNG TERMINAL
CAPACITY BY END-JUNE

Further company coverage:  FCTL.NS 

 ((Reuters.Briefs@thomsonreuters.com;))