Petronet LNG Limited is an Indian oil and gas company formed by the Government of India to import liquefied natural gas and set up LNG terminals in the country. It is a joint venture company promoted by the Gas Authority of India Limited, Oil and Natural Gas Corporation Limited, Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited. Petronet LNG Limited, one of the companies in the Indian energy sector, has set up the country's first LNG receiving and regasification terminal in Dahej, Gujarat, and another terminal in Kochi, Kerala. While the Dahej terminal has a nominal capacity of 17.5 million tonnes per year, the Kochi terminal has a capacity of 5 million tonnes per year. Plans to build a third LNG terminal in Gangavaram, Andhra Pradesh were dropped in October 2019. Formed as a joint venture by the Government of India to import LNG and set up LNG terminals in the country, it involves India's leading oil and natural gas industry players. Its promoters are GAIL Limited, Oil & Natural Gas Corporation Limited, Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited. The authorized capital is Rs. 3,000 crore. Wikipedia