Petronet LNG Limited has signed a Non-binding Memorandum of Understanding (MOU) with Tellurian Inc. on September 21, 2019 at Houston, USA wherein the Company and its affiliates will like to explore possibility of purchase of up to 5 Million Tonnes Per Annum (5 MTPA) of liquefied natural gas (LNG) from Driftwood project concurrent with equity investment. The process is subject to due diligence and approval of respective Board of Directors.
Shares of PETRONET LNG LTD. was last trading in BSE at Rs.266.85 as compared to the previous close of Rs. 255.25. The total number of shares traded during the day was 196979 in over 4401 trades.
The stock hit an intraday high of Rs. 271.5 and intraday low of 249.3. The net turnover during the day was Rs. 51119728.