|Bid||227.95 x 0|
|Ask||0.00 x 0|
|Day's range||223.80 - 229.00|
|52-week range||170.75 - 280.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||12.95|
|Forward dividend & yield||N/A (N/A)|
|1y target est||271.61|
The share of liquefied natural gas (LNG) in India's gas consumption could rise to 70% from the current 50% in 10 years, and new import terminals are needed, the chief executive of the country's top gas importer said. Prime Minister Narendra Modi has set a target to raise the share of natural gas in the country's energy mix to 15% by 2030 from the current 6.3% to cut its carbon footprint. To meet that target India's gas consumption needs to rise to 640 million standard cubic meters a day (mmscmd) from the current 155 mmscmd, A.K. Singh, chief executive of Petronet LNG Ltd, said at ET Energy Leadership summit.
New Delhi, Jun 9 (PTI) An initial non-binding agreement for Petronet LNG Ltd to invest USD 2.5 billion in US energy upstart Tellurian's LNG project in Louisiana in return for gas supplies for 40 years has lapsed, the CEO of the Indian firm said on Wednesday.
New Delhi, May 27 (PTI) Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Thursday said it has no intention to sell a part of its stake in Petronet LNG Ltd and Indraprastha Gas Ltd (IGL) to help its new owner avoid making an open offer for the two gas companies.