Archive · 28 Jan 2026
Petronet LNG Signs Key Agreements with ONGC and Mahanagar Gas
Petronet LNG, a company that deals with liquefied natural gas (LNG), has made two important agreements.
The first is a five-year deal with ONGC to use their Dahej terminal for turning LNG back into gas.
The second is a one-year deal with Mahanagar Gas to supply this gas.
Both deals start on January 27, 2026.
The goal is to make better use of their facilities, increase the amount of gas available, and meet the growing need for gas in the country.
ONGC wants to sell more gas, and Petronet LNG wants to use their facilities better.
Both deals were signed at a big energy event in Goa.
Petronet LNG signed a 5-year Master Regasification Agreement with ONGC for LNG regasification at the Dahej terminal.
A 1-year RLNG supply agreement was signed with Mahanagar Gas Limited, effective from January 27, 2026.
Both agreements were signed at the India Energy Week (IEW) in Goa.
ONGC aims to enter gas marketing by importing LNG and selling RLNG to meet growing demand and support the Indian gas market.
Petronet LNG focuses on optimal utilization of its regasification infrastructure and providing integrated LNG sourcing and regasification services.
- Who
- Petronet LNG Ltd, ONGC, Mahanagar Gas Limited
- What
- Signed agreements for LNG regasification and supply
- When
- Effective January 27, 2026, signed on January 28, 2026
- Where
- Dahej regasification terminal, India Energy Week (IEW) in Goa
- Why
- To optimize LNG infrastructure, support gas supply growth, and meet rising domestic demand
ONGC's Perspective
Petronet LNG's Perspective
Gas Marketing
ONGC's Perspective
ONGC aims to enter gas marketing by importing LNG and selling RLNG to meet growing demand and support the Indian gas market.
Petronet LNG's Perspective
Petronet LNG focuses on optimal utilization of its regasification infrastructure and providing integrated LNG sourcing and regasification services.
- Company
- Petronet LNG Ltd
- Agreement with ONGC
- 5-year Master Regasification Agreement
- Agreement with Mahanagar Gas
- 1-year RLNG supply agreement
- Effective Date
- January 27, 2026
- Purpose
- Optimize LNG infrastructure, support gas supply growth, meet domestic demand
- Signing Location
- India Energy Week (IEW) in Goa
- ONGC's Role
- Promoter and related party of Petronet LNG
- MGL's Role
- Promoter group company of Petronet LNG with GAIL holding 32.5% equity stake
