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Petronet LNG - Deep Value, Long Term Growth: Nirmal Bang

Petronet LNG - Deep Value, Long Term Growth: Nirmal Bang

A ship travels past the Kochi LNG Terminal, operated by Petronet LNG Ltd., at Cochin port in Cochin, India. (Photographer: Dhiraj Singh/Bloomberg)
A ship travels past the Kochi LNG Terminal, operated by Petronet LNG Ltd., at Cochin port in Cochin, India. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

Petronet LNG Ltd. aims to build its liquefied natural gas business, including new terminals, around developing the supply chain to link gas sources with the end markets.

Overall, the Petronet LNG leadership is upbeat about long-term growth in Indian gas demand based on the expansion of gas pipelines, downstream consumption growth from new city gas distribution networks as well as fertiliser plants and new markets like LNG auto fuel/bio compressed natural gas.

This is likely to get added fillip from growth in domestic gas production and LNG supply, government’s policy support and new gas sector growth enablers, including gas trading on the Indian Energy Exchange Ltd. and the move towards unified tariff.

Click on the attachment to read the full report:

Nirmal Bang Petronet LNG-Company Update-22 September 2021.pdf

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