Petronet LNG Limited (PLL) and Oil and Natural Gas Corporation (ONGC) signed a Master Regasification Agreement (MRA) that enables PLL to provide LNG regasification services at its Dahej terminal. The agreement strengthens cooperation between the two state-run energy majors and supports the growing role of LNG in India’s gas supply mix.
Five-Year Pact Signed at India Energy Week 2026
The MRA was signed on 27 January 2026 during India Energy Week (IEW) 2026 in Goa. The agreement will remain valid for five years, with a provision for extension by mutual consent. Under the arrangement, PLL will regasify LNG imported by ONGC, enabling the supply of regasified LNG (RLNG) to downstream consumers.
Supporting ONGC’s Gas Marketing Strategy
The partnership aligns closely with ONGC’s plans to enter gas marketing by importing LNG and selling RLNG in the domestic market. By leveraging India’s expanding pipeline infrastructure and LNG terminal network, ONGC aims to broaden its market presence and serve a wider customer base.
Complementing Domestic Production with LNG
Through the MRA, ONGC seeks to complement its domestic natural gas production with LNG supplies, ensuring reliability amid rising energy demand. At the same time, the agreement reinforces the strategic importance of Dahej, one of India’s largest LNG import and regasification hubs. As reported by projectstoday.com, together, the collaboration supports India’s broader objective of increasing the share of natural gas in the energy mix while enhancing supply security and market flexibility.
