Petronet LNG Limited (PLL) and Mahanagar Gas Limited (MGL) have entered into a Master Agreement under which PLL will procure LNG cargoes and supply Regasified Liquefied Natural Gas (RLNG) to MGL, strengthening flexibility in gas sourcing and supply management.
The agreement was signed at India Energy Week 2026 being held at the ATI ONGC venue in Goa, in the presence of Akshay Kumar Singh, Managing Director & CEO, Petronet LNG Limited, and Ashu Singhal, Managing Director, Mahanagar Gas Limited.
The agreement will remain valid for a period of one year, with a provision for extension based on mutual consent between the two companies.
The arrangement is expected to provide operational and supply flexibility to Mahanagar Gas Limited, enabling augmentation and optimisation of its gas supply portfolio in line with international spot LNG market dynamics.
The collaboration reflects continued efforts by both organisations to enhance supply security, improve sourcing efficiency, and support the evolving requirements of India’s city gas distribution sector.
