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Petronet releases Q4, FY 2017-2018 results

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LNG Industry,

Petronet LNG Limited has released results for Q4 and FY 2017-18.

LNG summary:

  • During FY 2017-18, the company's Dahej Terminal operated at 107% of its name plate capacity and processed its highest ever quantities of LNG. The final total was 816 trillion trillion Btu (14% more than FY 2016-17). The overall quantity processed by the company in FY 2017-18 was 848 trillion Btu, compared to 728 trillion Btu processed in 2016-17 (a growth of 16%).
  • During the quarter ended 31 March 2018, Dahej terminal operated at around 109% of its name plate capacity and processed 207 trillion Btu of LNG. This figure is 17% higher than the LNG quantities processed during the corresponding quarter last year (177 trillion Btu). The overall LNG volume processed by the company in the quarter was 213 trillion Btu, registering a growth of 18% over the LNG volume processed in the corresponding quarter, which stood at 180 trillion Btu.

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