Petronet LNG forms subsidiary in Singapore
Gas

Petronet LNG forms subsidiary in Singapore

The newly incorporated wholly-owned subsidiary has been incorporated to carry out business/activities.

  • By ICN Bureau | March 08, 2022

Petronet LNG Limited (PLL) has incorporated a wholly-owned subsidiary company at Singapore under the name 'Petronet LNG Singapore Pte. Ltd.

The newly incorporated wholly-owned subsidiary Petronet LNG Singapore Pte. Ltd. has been incorporated to carry out business/activities, including but not limited to purchase of LNG on long, spot and short-term basis and sale of LNG, trading of LNG to Indian and foreign companies, optimization and diversion of LNG under its portfolio, carry out hedging, purchase of LNG under LNG SPAs, sale of LNG to customers, investments in overseas ventures etc. The registered office of the wholly-owned subsidiary company is at Singapore.

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