Petronet LNG Limited has informed the Exchange regarding a press release dated January 27, 2026, titled "We are sending herewith copy of the Press Release with the following titles, which will be disseminated shortly:(i) Petronet LNG Limited (PLL) and Oil and Natural Gas Corporation (ONGC) Limited execute five year Master Regasification Agreement (MRA) for the receipt, storage, and regasification of Liquefied Natural Gas (LNG) at PLL s Dahej regasification terminal (Annex-1).(ii) Petronet LNG Limited (PLL) and Mahanagar Gas Limited execute a one year Master Agreement for sale of Regasified LNG (Annex-2).".
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Petronet LNG Limited (PLL) has signed two key agreements, announced via press release on January 27, 2026. First, PLL and ONGC have executed a five-year Master Regasification Agreement (MRA) for receipt, storage, and regasification of LNG at PLL's Dahej terminal. Second, PLL has signed a one-year Master Agreement with Mahanagar Gas Limited for the sale of Regasified LNG. The ONGC agreement secures long-term capacity utilization at Dahej, while the Mahanagar Gas deal supports ongoing RLNG supply to city gas distribution.
The five-year deal with ONGC provides long-term revenue visibility and ensures capacity utilization at PLL's flagship Dahej terminal, which is positive for earnings stability. The Mahanagar Gas agreement strengthens PLL's customer base in the CGD segment, supporting steady RLNG volumes.