Petronet LNG Limited incorporates a wholly-owned subsidiary

Petronet LNG Limited (PLL) has incorporated a wholly-owned subsidiary company at Singapore under the name ‘Petronet LNG Singapore Pte. Ltd.’ on 7th March 2022.

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.

The issued and paid-up Share capital of the Company is US$ 500 (500 shares of~
US dollar 1 each)

The First Directors of the Company shall be:
(i) Shri Akshay Kumar Singh, MD & CEO- PLL
(ii) Shri Vinod Kumar Mishra, Director (Finance) & CFO-PLL
(iii) Shri Pramod Narang, Director (Technical) – PLL
(iv) Ms. Goh Poh Kee, Nominee resident Director from Singapore