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Nirmal Bang Report
Petronet LNG Ltd. aims to build its liquefied natural gas business, including new terminals, around developing the supply chain to link gas sources with the end markets.
Overall, the Petronet LNG leadership is upbeat about long-term growth in Indian gas demand based on the expansion of gas pipelines, downstream consumption growth from new city gas distribution networks as well as fertiliser plants and new markets like LNG auto fuel/bio compressed natural gas.
This is likely to get added fillip from growth in domestic gas production and LNG supply, government's policy support and new gas sector growth enablers, including gas trading on the Indian Energy Exchange Ltd. and the move towards unified tariff.
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