Petronet LNG and Performance Chemiserve sign regasification services agreement
India, July 10 -- Performance Chemiserve (PCL), a wholly owned subsidiary of Deepak Mining Solutions (DMSL) which is a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation (DFPCL) and Petronet LNG (PLL) have entered into a 5.5 years (commencing between May 2026 ' July 2026 and ending on 31st December 2031) agreement for the regasification of Liquefied Natural Gas (LNG) to be imported by DFPCL group.Under the terms of the agreement, PLL will receive, store and regasify approximately 25.6 TBTUs of LNG annually, post an initial ramp-up period in calendar year 2026, at its Dahej terminal. This agreement will generate revenue of about Rs. 1200 crore for PLL with an upside potential to generate an additional revenue of upt...
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