CORPORATE PROFILE

PETRONET LNG LIMITED,

January 2020
 DISCLAIMER

Any information contained in this presentation should not be

taken as being a representation about facts and projection or
promise of performance, whether financial, operational or
otherwise. Nothing contained in this presentation should be
considered an invitation to transact in our securities or an offer
of our securities. This presentation is made specifically for
purposes of the meeting in which this is being presented and
not for any other purpose. You may determine that such
information may be regarded as forward-looking but we
make no assurance about any projection, extrapolation or
interpretation of the same that you may make. The
information contained herein should be treated with utmost
confidentiality and not used for any purpose. You are advised
to obtain legal advice on the nature and character of the
information and on implications of being in possession of the
same.
 OVERVIEW

 Global & India’s Primary Energy Consumption Scenario

 India’s Gas Scenario, Infrastructure

 Role of LNG in India

 About Petronet’s

 Dahej & Kochi Terminals

 New Initiatives
 Performance

3
 PRIMARY ENERGY CONSUMPTION (mtoe) – WORLD

Fuel 2008 % 2018 %

Oil 4143 35% 4662 34%

Coal 3503 30% 3772 27%

Gas 2578 22% 3309 24%

Nuclear 620 5% 611 4%

Hydro 737 6% 949 7%

Renewables 124 1% 561 4%

Total 11705 100% 809 100%

Source : BP Statistical Review-June 2019 4

 PRIMARY ENERGY CONSUMPTION (mtoe) – INDIA

Fuel 2008 % 2018 %

Oil 149 31% 239 30%

Coal 259 54% 452 56%

Gas 34 7% 50 6%

Nuclear 3 1% 9 1%

Hydro 26 5% 32 4%

Renewables 5 1% 27 3%

Total 478 100% 809 100%

Source : BP Statistical Review-June 2019 5

 INDIA – A MAJOR GAS/LNG CONSUMER
 14th largest gas consumer – 58 bcm (~158 mmscmd)
 4th largest LNG importer – 31 bcm (~82 mmscmd)
 Economy growing at CAGR of about 6-7% with similar growth in Energy Consumption
 Government aims to significantly increase share of Natural Gas in Indian Energy basket to in
coming years
 Despite increase in domestic gas production- dependency on imported gas to increase
substantially
 Pipeline network- developing into a national grid- needs to grow faster, connecting new
markets
SECTOR WISE PROJECTED GAS DEMAND (mmscmd)
350.00 Sector 2016-17 2019-20 2026-27
Power

300.00 Power 157 202 309

Fertilizer
250.00 Fertilizer 97 106 110
200.00 City Gas City Gas 22 36 68

150.00 Industrial 27 35 52
Industrial

100.00
Petchem/
Petchem/ Refineries /
50.00 Refineries / Internal Cons. 47 54 103
Interal Cons.
0.00
Sponge/ Sponge/ Iron/ Steel 8 10 12
Iron/ Steel
2016-17 2019-20 2026-27
Total Realistic Demand 358 443 654
Source : PPAC, BP Statistical Review June 2019 & Vision 2030, Natural Gas Infrastructure in India
6
GAS DEMAND IN INDIA

MMSCMD

7
 INDIA’S GAS INFRASTRUCTURE
Pipelines Length Designed
Chhara (Kms) Capacity
(MMSCMD)
Existing 16,770 369
Jafarbad Under 11,377 -
Implementation
Total 28,147 Kolkatta
Mundra

Digha
Jaigarh

Dhamra
Dahej
Gangavaram
Hazira

Krishnapattam

Kakinada

Dabhol
Ennore

Kochi

Possible Physical
Gas Hub in India
 LNG TERMINAL INFRASTRUCTURE

CAPACITY
No. TERMINAL DEVELOPERS
(MMTPA)
Existing Terminal
1 Dahej Petronet LNG Limited 17.5
2 Hazira Royal Dutch Shell, Total Gaz Electricite 5.0
3 Dabhol GAIL,NTPC 5.0
4 Kochi Petronet LNG Limited 5.0
5 Ennore Indian Oil Corp 5.0
TOTAL EXISTING 37.5
Construction completed
6 Mundra GSPC, Adani 5.0
Under contrcution
7 Jaigarh (FSRU) H Energy 4.0
8 Dhamra Adani 5.0
9 Jafrabad (FSRU) Swan 5.0
10 Chhara HPCL & Shapoorji Pallonji 5.0
TOTAL UNDER-CONSTRUCTION /CONSTRUCTION COMPLETED 24.0
Proposed
11 East coast Petronet LNG Limited 5.0
12 Kakinada/Krishnapatnam/Karaikal Others 2.5
13 Kolkata/Digha Port H Energy 2.5

TOTAL PROPOSED 10.0

GRAND TOTAL 71.5
• In absence of breakwater terminal can operate at 2.5 MTPA
• # in absence of commercial commitments, plans have been put on hold
 PETRONET LNG LIMITED
 Incorporated on April 2, 1998
 Authorized Capital INR 3000 Crore
 Paid up capital INR 1500 Crore
 Commencement of Commercial Operations - April, 2004
 Equity
 50% Oil & Gas PSUs (BPCL, GAIL, IOC & ONGC)
 50% Public / FIIs

12.5

12.5
Public & FIIs
50
12.5

12.5

10
 TOWARDS THE VISION

Vision Business Strategy

To be a key energy provider to the nation  Create and manage world-class

by leveraging unique position in the LNG LNG infrastructure
value-chain with international presence  Continue excellence in LNG
45000 Revenue growth 19% business
EBITDA growth 20%
39500 (INR Crore) - Focus on higher capacity
40000 37747 utilization and better
operational efficiencies
35000
31467
30599 - Diversify LNG sources
30000
27133  Diversify business
24616
25000 22696 - Solid cargo port at Dahej
- Small Scale LNG
20000
- Exploring business
15000 13197 opportunities in neighboring
countries
10000
3630
- City-gas distribution/ direct
5000 1914
2205
1582 1594 1760
2939 marketing
1284
0
- Air Separation Unit
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18  Maintain highest standards of
business ethics
11
 DAHEJ LNG TERMINAL

 Located at Dahej in Gujarat in the Gulf of Cambay on the West Coast of India.
 Commencement of Operations in 2004

Capacity (mmtpa)
2004 5.0
2009 10.0
2016 15.0
2019 17.5

 LNG Cargoes unloaded : 2200+

 1st 1000 Cargoes in Feb 2013
 2nd 1000 Cargoes in June 2018
 7.50 mmtpa LNG imported from Qatar under long term contracts
 Terminal meets almost 40% of India’s gas requirement and around 75-80% of
LNG imports in the country
 Truck Loading facility can handle 14,000 loadings/ yr.
 Offering tolling services to Offtakers & Bulk customers
 Expanded Capacity contracted with GAIL, GSPC, IOCL & BPCL
 Time Charter Vessels – Disha, Raahi and Aseem

12
DAHEJ PLANT FACILITY

13
DAHEJ SECOND JETTY
DAHEJ EXPANSION PHASE IIIA
 DAHEJ EXPANSION PHASE IIIB1

Pipe
Pipe Rack
Rack
STV
Pipe rack
STV Area

Pipe Rack

Air Heater Fire Station

15 MMTPA FACILITY AT DAHEJ

NAME OF FACILITY?Air Heater
 KOCHI LNG TERMINAL
 Terminal commissioned in September, 2013 with the nameplate
capacity of 5.0 mmtpa.
 For effective utilization of Kochi terminal in absence of pipeline,
ancillary services such as storage & reloading, cool down, bunkering
options explored
 Kochi Terminal has so far handled 45+ Cargoes operations (including
18 Reload / Cool down Cargo operations and 2 bunkering).
 Truck loading facility– supply commenced to HLL, Kochi and
so far supplied around more than 1250 + truck loads.
 Long term contract of about 1.50 mmtpa LNG from Exxon Mobil’s
Gorgon Project (Australia) – supply commenced.
 PLL is aggressively pursing construction of Mangalore / Bangalore
pipelines with GAIL.
KOCHI FACILITY

18
KOCHI – TRUCK LOADING
 KOCHI PIPELINE

 PLL is aggressively
pursing
construction of
pipeline with GAIL

 All sections Kochi

Koottand and
Perole-
Kodalamuguru-
Mangaluru awarded
 Kochi - Koottanad
section completed
and successfully
commissioned in
June 2019
 The connectivity to
Mangalore will
ensure up to 25-
30% of capacity
utilization at Kochi
Terminal
 NEW BUSINESS INITIATIVES

 Launch of 1st LNG fueled bus in Kerala on 8th

November 2016

 PESO has amended Static and Mobile Pressure

Vessels(U) rules,1981 including the guidelines
for setting up of LNG/LCNG Dispensing Station

 Ministry of Road Transport & Highways have

incorporated LNG as an automotive fuel in
Central Motor Vehicle Rules

 Exploring opportunities of utilizing LNG

 as automotive fuel for heavy duty trucks by
setting up LNG dispensing stations on major
highways
 as marine fuel to LNG powered fishing boats
 SSLNG PROJECT PLAN FOR PILOT DEVELOPMENT

 Development of Pilot route with establishment of 20 LNG fuelling

stations. The average distance between two stations being about 250
km. The proposed route is as follows:

 Delhi to Mumbai Highway

 Ahmedabad to Mundra Highway

 Mumbai to Chennai

 Manguluru to Bengaluru

 Mangaluru to Thiruvananthapuram

 Finalization of business plan with various Oil and Natural Gas Marketing
Companies for setting up of stations
 PLL’s PROGRESS FOR PROVING THE CONCEPT
 LNG has been notified as an automotive fuel in Central Motor Vehicle Rules (CMVR).

 PESO recommendations on Static & Mobile Pressure Vessels (SMPV) rules for dispenser
stations - final notification issued in April 2018.

 PLL has procured four LNG buses approved for Commercial operations for its staff
transportation at Dahej and Kochi terminals

 PLL has developed LNG dispenser stations inside Dahej and Kochi LNG terminals

 PLL is in discussions with State Roadways of Gujarat and Kerala to run a few buses on
LNG and establishing LNG dispensing at their locations.
 NEW BUSINESS INITIATIVES

 LNG regasification terminals / FSRUs Initiatives being explored

in :
 Sri Lanka
 Bangladesh
 Andaman & Nicobar Islands
 Mauritius
 PERFORMANCE GRAPH

Net Worth ( Crore)

Sales/ Service TBTU
12000 10666
1000 9720
847 844 10000
8094
800 728 8000
6377
581 5688
600 548 524 533 6000 4992
494 4450
440 3520
4000
400 2236 2682
2000
200
0
0

Turnover Rs. Crore Profit Crore

45000 2500
37747 39500 38395 2155
40000 2078
35000 31467 30599 2000
27133 1706
30000 24616
25000 22695
1500
20000 1058 1149
13197 914
15000 1000 882
10000 620 711
5000
500
0
2010-11 2011-12 2012 - 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
13 0
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
 FINANCIAL PARAMETERS
Mkt. Price INR
450 403
400
350 336
300
250 170 238
200 151 208
150 82
100 123 133
50
0
10 11 12 13 14 15 16 17 Current

(* - Bonus Share 1:1)

Year EPS (INR) P/E D/E

2010-11 8.26 15.19 1.20
2011-12 14.10 9.29 0.93
2012-13 15.32 8.83 0.68
2013-14 9.49 14.75 0.66
2014-15 11.77 14.52 0.45
2015-16 12.19 20.57 0.37
2016-17 22.80 17.72 0.27
2017-18 13.86 16.66 0.15
2018-19 14.37 17.51 0.07

Exchange Rate 1 US$ = INR 60

 PERFORMANCE BASED ON EMPLOYEE PARAMETERS
2018-19 2017-18 2016-17 2015-16
Number of Employees 494 486 480 466

Turnover/ employees (INR Crore) 78.62 63.45 52 58.41

Profit Before Tax / Employee (INR Crore) 6.69 6.27 4.92 2.63

Profit after Tax/employee(INR Crore) 4.51 4.32 3.55 1.99

Employee Benefit Expenses (INR Crore) 12.58 91.12 73.86 71.69

Employee Remuneration cost (as % of Profit after tax) 5.64% 4.38% 4.33% 6.11%

A Snapshot of our Human Capital

Human Capital Skill Set Others
Location Male Female
Professional : 241 76% of the professionals are of Technical
Delhi 85 25 background as opposed to 24% Non
Tech: 182 Non Tech:59 Technical
Average Age:36.34 years (more than
Dahej 249 4 Technician/Operators: 180
50% employees in 30-40 years age)
Office Support 48
(Receptionist/Assistant) Average years of association of employees
Kochi 128 3
Support Staff: 25 with Company: 7.45 years
(Attendant/Driver/Caretaker)

 Attrition rate: 2018-19 : 3.03%

 Learning & Development : 5.67 Mandays / Employee
27
RATING AND RECOGNITION

 Ratings & Ranking:

 Moody’s International Rating Baa2 (at
par with India’s Sovereign Rating)
(2018)
 Rated AAA+ by CRISIL, India Ratings &
ICRA (2018)
 48th rank Fortune India 500 (2018)
 51st rank in ET 500 (2018)
 46th rank in D&B India’s 500 Companies
 Certificate of Appreciation from US
Environment Protection Agency for
maintaining low methane emissions
 CSR – PARTNERING WITH SOCIETY
Healthcare and Sanitation
 Financial assistance for construction of Trauma Care Centre at AIIMS,
Bhubaneshwar
 Eye screening & cataract operational camps in Delhi, Dahej, Kochi, and U.P.

Education and Empowerment

 Petronet Super 30 in collaboration with Indian Army & CSRL supporting
underprivileged & brilliant students of Kashmir for 11 months Residential
coaching for admission to IITs/NITs.
 Skill development training for underprivileged youth in association with CIPET
in Gujarat , Kerala, Haryana and Himachal Pradesh.
 Skill Development training of 540 women in Dharwad, Karnataka
 Skill development initiative of Tribal girls with DRI Balrampur
Community Development & Others
 Efforts towards Hunger Free City Numma – Oonu – Petronet Kitchen,
Ernakulam, Kochi
 Solar lights installations in Pali, Rajasthan
 Construction of BSF widow quarters in Gujarat, Rajasthan and Punjab
 District level Special Olympics in Bharuch, Gujarat
Thank You

30