Mumbai, July 11 -- Under the terms of the agreement, Petronet LNG will regasify approximately 25 TBTUs of LNG annually-after an initial ramp-up period-primarily at its Dahej terminal. The regasified gas will be supplied mainly to Deepak Fertilisers and PCL's manufacturing units in Taloja for internal consumption.

According to an exchange filing, the contract will be executed over a period of five years.

This agreement will help the company and PCL ensure the logistical and commercial arrangements required to receive imported LNG at their manufacturing facilities via the existing national gas grid in Taloja, Mumbai, supporting the delivery of their integrated gas-to-ammonia-to-chemicals value chain strategy.

With this last-mile regasifi...