Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Petronet LNG: Buy; PT Rs150
Expect Dahej capacity to increase from 10 MMTPA to 15 MMTPA by
FY14, as they construct a LNG jetty (capex of Rs10bn) and put additional
storage tank and vaporizers (cRs20bn capex).
Kochi terminal expected by July 2012 and full commissioning by Nov-12.
LNG market there needs to be developed, and management is exploring
export to Sri Lanka, Lakshadweep, can sell through cryogenic trucks and
small barges. Expect regas charges at Rs60-70/mmbtu.
Minimum ROEs are benchmarked at 16%, current are much higher.
Expect PLNG to target 25-30 MMTPA by 2025.
Currently, PLNG can expand processing and sales to 10.5-11.0 MMTPA and
night berthing (if possible) could take optimal capacity higher to 11.0-11.5
MMTPA.
Signed an MOU with Gazprom for gas supply to both Dahej and Kochi. Will
take at least 2 years to sign an SPA and possible LNG supply to both
terminals.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Petronet LNG: Buy; PT Rs150
Expect Dahej capacity to increase from 10 MMTPA to 15 MMTPA by
FY14, as they construct a LNG jetty (capex of Rs10bn) and put additional
storage tank and vaporizers (cRs20bn capex).
Kochi terminal expected by July 2012 and full commissioning by Nov-12.
LNG market there needs to be developed, and management is exploring
export to Sri Lanka, Lakshadweep, can sell through cryogenic trucks and
small barges. Expect regas charges at Rs60-70/mmbtu.
Minimum ROEs are benchmarked at 16%, current are much higher.
Expect PLNG to target 25-30 MMTPA by 2025.
Currently, PLNG can expand processing and sales to 10.5-11.0 MMTPA and
night berthing (if possible) could take optimal capacity higher to 11.0-11.5
MMTPA.
Signed an MOU with Gazprom for gas supply to both Dahej and Kochi. Will
take at least 2 years to sign an SPA and possible LNG supply to both
terminals.
No comments:
Post a Comment