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Performance Chemiserve Inks 5.5-Year LNG Regasification Agreement With Petronet LNG

Regasified gas will supply DFPCL’s Taloja fertilizer and chemical plants

Overview

  • Executed through Deepak Mining Solutions Ltd, the contract spans from July 2026 to December 2031
  • Petronet LNG will regasify 25.6 TBtu of LNG annually at its Dahej terminal after an initial ramp-up period in 2026
  • PLL expects roughly ₹1,200 crore in revenue from the deal with potential upside of up to 20%
  • The agreement ties DFPCL’s upstream Equinor supply deal to its downstream fertilizer production in a fully integrated chain
  • PLL managing director A K Singh said the pact will enhance terminal utilization and bolster India’s energy security