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Petronet LNG Incorporates Wholly-Owned Subsidiary Petronet Energy

Petronet LNG has incorporated a wholly-owned subsidiary company 'Petronet Energy Limited' for undertaking GUCD operations, LNG Bunkering and other allied services.

 

As per the regulatory filing, Petronet Energy shall undertake the businesses/activities, including but not limited to Gassing up and/ or Cool down and supply of heel quantity to LNG vessels, LNG bunkering, Training, Consultancy, other value-added marines, transport, LNG services etc. as per the object clause of the Memorandum of Association of the Company. The registered office of this company is in New Delhi.

 

The authorized share capital of Petronet Energy stood at Rs 5 billion. At around 2.45 pm, Petronet LNG was trading at Rs 256 per piece up 1.85% on Sensex.

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