No Capacity Left For Long-Term Contracts On Strong Demand: Prabhat Singh, Petronet
  • WebDesk BTVI
  • Aug 08 2019

Petronet LNG has posted a weak June quarter results, with consolidated net profit down 7.2 per cent to Rs 562 crore, revenue falling 6.1 per cent to Rs 8,613 crore and EBITDA margin higher at 11.9 per cent. Prabhat Singh, MD & CEO at Petronet, said the Dahej plant is running at 112 per cent capacity and it will remain at the same level. Singh said that there's no capacity left for long term contracts due to strong demand. Here's more.