CORPORATE PROFILE

PETRONET LNG LIMITED,

January 2020

DISCLAIMER

Any information contained in this presentation should not be

taken as being a representation about facts and projection or

promise of performance, whether financial, operational or

otherwise. Nothing contained in this presentation should be

considered an invitation to transact in our securities or an offer

of our securities. This presentation is made specifically for

purposes of the meeting in which this is being presented and

not for any other purpose. You may determine that such

information may be regarded as forward-looking but we

make no assurance about any projection, extrapolation or

interpretation of the same that you may make. The

information contained herein should be treated with utmost

confidentiality and not used for any purpose. You are advised

to obtain legal advice on the nature and character of the

information and on implications of being in possession of the

same.

OVERVIEW

Global & India’s Primary Energy Consumption Scenario

India’s Gas Scenario, Infrastructure

Role of LNG in India

About Petronet’s

Dahej & Kochi Terminals

New Initiatives

Performance

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PRIMARY ENERGY CONSUMPTION (mtoe) – WORLD

Source : BP Statistical Review-June 2019 4

Fuel 2008 % 2018 %

Oil 4143 35% 4662 34%

Coal 3503 30% 3772 27%

Gas 2578 22% 3309 24%

Nuclear 620 5% 611 4%

Hydro 737 6% 949 7%

Renewables 124 1% 561 4%

Total 11705 100% 809 100%

PRIMARY ENERGY CONSUMPTION (mtoe) – INDIA

Source : BP Statistical Review-June 2019 5

Fuel 2008 % 2018 %

Oil 149 31% 239 30%

Coal 259 54% 452 56%

Gas 34 7% 50 6%

Nuclear 3 1% 9 1%

Hydro 26 5% 32 4%

Renewables 5 1% 27 3%

Total 478 100% 809 100%

INDIA – A MAJOR GAS/LNG CONSUMER

14th largest gas consumer – 58 bcm (~158 mmscmd)

4th largest LNG importer – 31 bcm (~82 mmscmd)

Economy growing at CAGR of about 6-7% with similar growth in Energy Consumption

Government aims to significantly increase share of Natural Gas in Indian Energy basket to incoming years

Despite increase in domestic gas production- dependency on imported gas to increasesubstantially

Pipeline network- developing into a national grid- needs to grow faster, connecting newmarkets

Source : PPAC, BP Statistical Review June 2019 & Vision 2030, Natural Gas Infrastructure in India

SECTOR WISE PROJECTED GAS DEMAND (mmscmd)

Sector 2016-17 2019-20 2026-27

Power 157 202 309

Fertilizer 97 106 110

City Gas 22 36 68

Industrial 27 35 52

Petchem/ Refineries / Internal Cons. 47 54 103

Sponge/ Iron/ Steel 8 10 12

Total Realistic Demand 358 443 654

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0.00

50.00

100.00

150.00

200.00

250.00

300.00

350.00

2016-17 2019-20 2026-27

Power

Fertilizer

City Gas

Industrial

Petchem/Refineries /Interal Cons.

Sponge/Iron/ Steel

GAS DEMAND IN INDIA

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MMSCMD

Dahej

Kochi

Gangavaram

INDIA’S GAS INFRASTRUCTURE

Hazira

Dabhol

Mundra

Kakinada

Ennore

Dhamra

Digha

Kolkatta

Krishnapattam

Jaigarh

Jafarbad

Chhara

Pipelines Length

(Kms)

Designed

Capacity

(MMSCMD)

Existing 16,770 369

Under

Implementation

11,377 -

Total 28,147

Possible Physical

Gas Hub in India

LNG TERMINAL INFRASTRUCTURE

• In absence of breakwater terminal can operate at 2.5 MTPA

• # in absence of commercial commitments, plans have been put on hold

No. TERMINAL DEVELOPERS CAPACITY

(MMTPA)

1 Dahej Petronet LNG Limited 17.5

2 Hazira Royal Dutch Shell, Total Gaz Electricite 5.0

3 Dabhol GAIL,NTPC 5.0

4 Kochi Petronet LNG Limited 5.0

5 Ennore Indian Oil Corp 5.0

37.5

6 Mundra GSPC, Adani 5.0

7 Jaigarh (FSRU) H Energy 4.0

8 Dhamra Adani 5.0

9 Jafrabad (FSRU) Swan 5.0

10 Chhara HPCL & Shapoorji Pallonji 5.0

24.0

11 East coast Petronet LNG Limited 5.0

12 Kakinada/Krishnapatnam/Karaikal Others 2.5

13 Kolkata/Digha Port H Energy 2.5

10.0

71.5 GRAND TOTAL

TOTAL EXISTING

TOTAL UNDER-CONSTRUCTION /CONSTRUCTION COMPLETED

Existing Terminal

Proposed

TOTAL PROPOSED

Construction completed

Under contrcution

PETRONET LNG LIMITED

Incorporated on April 2, 1998

Authorized Capital INR 3000 Crore

Paid up capital INR 1500 Crore

Commencement of Commercial Operations - April, 2004

Equity

50% Oil & Gas PSUs (BPCL, GAIL, IOC & ONGC)

50% Public / FIIs

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12.5

12.5

12.5

12.5

50Public & FIIs

TOWARDS THE VISION

(INR Crore)

Vision

To be a key energy provider to the nation by leveraging unique position in the LNG value-chain with international presence

Create and manage world-class LNG infrastructure

Continue excellence in LNG business

- Focus on higher capacity utilization and better operational efficiencies

- Diversify LNG sources

Diversify business

- Solid cargo port at Dahej

- Small Scale LNG

- Exploring business opportunities in neighboring countries

- City-gas distribution/ direct marketing

- Air Separation Unit

Maintain highest standards of business ethics

Business Strategy

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13197

22696

31467

3774739500

27133

24616

30599

12841914

22051582 1594 1760

29393630

0

5000

10000

15000

20000

25000

30000

35000

40000

45000

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18

Revenue growth 19% EBITDA growth 20%

DAHEJ LNG TERMINAL

Located at Dahej in Gujarat in the Gulf of Cambay on the West Coast of India. Commencement of Operations in 2004

LNG Cargoes unloaded : 2200+ 1st 1000 Cargoes in Feb 2013

2nd 1000 Cargoes in June 2018

7.50 mmtpa LNG imported from Qatar under long term contracts

Terminal meets almost 40% of India’s gas requirement and around 75-80% ofLNG imports in the country

Truck Loading facility can handle 14,000 loadings/ yr.

Offering tolling services to Offtakers & Bulk customers

Expanded Capacity contracted with GAIL, GSPC, IOCL & BPCL

Time Charter Vessels – Disha, Raahi and Aseem

Capacity (mmtpa)

2004 5.0

2009 10.0

2016 15.0

2019 17.5

12

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DAHEJ PLANT FACILITY

DAHEJ SECOND JETTY

DAHEJ EXPANSION PHASE IIIA

15 MMTPA FACILITY AT DAHEJ

Pipe Rack

NAME OF FACILITY?Air Heater

STV AreaPipe rack

Pipe Rack

DAHEJ EXPANSION PHASE IIIB1

Pipe RackSTV

Air Heater Fire Station

Terminal commissioned in September, 2013 with the nameplatecapacity of 5.0 mmtpa.

For effective utilization of Kochi terminal in absence of pipeline,ancillary services such as storage & reloading, cool down, bunkeringoptions explored

Kochi Terminal has so far handled 45+ Cargoes operations (including18 Reload / Cool down Cargo operations and 2 bunkering).

Truck loading facility– supply commenced to HLL, Kochi andso far supplied around more than 1250 + truck loads.

Long term contract of about 1.50 mmtpa LNG from Exxon Mobil’sGorgon Project (Australia) – supply commenced.

PLL is aggressively pursing construction of Mangalore / Bangalorepipelines with GAIL.

KOCHI LNG TERMINAL

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KOCHI FACILITY

KOCHI – TRUCK LOADING

KOCHI PIPELINE

PLL is aggressivelypursingconstruction ofpipeline with GAIL

All sections KochiKoottand andPerole-Kodalamuguru-Mangaluru awarded

Kochi - Koottanad section completed and successfully commissioned in June 2019

The connectivity toMangalore willensure up to 25-30% of capacityutilization at KochiTerminal

NEW BUSINESS INITIATIVES

Launch of 1st LNG fueled bus in Kerala on 8thNovember 2016

PESO has amended Static and Mobile PressureVessels(U) rules,1981 including the guidelinesfor setting up of LNG/LCNG Dispensing Station

Ministry of Road Transport & Highways haveincorporated LNG as an automotive fuel inCentral Motor Vehicle Rules

Exploring opportunities of utilizing LNG as automotive fuel for heavy duty trucks by

setting up LNG dispensing stations on majorhighways

as marine fuel to LNG powered fishing boats

SSLNG PROJECT PLAN FOR PILOT DEVELOPMENT

Development of Pilot route with establishment of 20 LNG fuelling

stations. The average distance between two stations being about 250

km. The proposed route is as follows:

Delhi to Mumbai Highway

Ahmedabad to Mundra Highway

Mumbai to Chennai

Manguluru to Bengaluru

Mangaluru to Thiruvananthapuram

Finalization of business plan with various Oil and Natural Gas Marketing

Companies for setting up of stations

PLL’s PROGRESS FOR PROVING THE CONCEPT

LNG has been notified as an automotive fuel in Central Motor Vehicle Rules (CMVR).

PESO recommendations on Static & Mobile Pressure Vessels (SMPV) rules for dispenserstations - final notification issued in April 2018.

PLL has procured four LNG buses approved for Commercial operations for its stafftransportation at Dahej and Kochi terminals

PLL has developed LNG dispenser stations inside Dahej and Kochi LNG terminals

PLL is in discussions with State Roadways of Gujarat and Kerala to run a few buses onLNG and establishing LNG dispensing at their locations.

NEW BUSINESS INITIATIVES

LNG regasification terminals / FSRUs Initiatives being explored

in :

Sri Lanka

Bangladesh

Andaman & Nicobar Islands

Mauritius

PERFORMANCE GRAPH

13197

22695

31467

37747 39500

2713324616

30599

38395

0

5000

10000

15000

20000

25000

30000

35000

40000

45000

2010-11 2011-12 2012 -13

2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

Turnover Rs. Crore

440

548 524 494 533581

728

847 844

0

200

400

600

800

1000

Sales/ Service TBTU

620

10581149

711882 914

1706

2078 2155

0

500

1000

1500

2000

2500

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

Profit Crore

2236 26823520

44504992

56886377

8094

972010666

0

2000

4000

6000

8000

10000

12000

Net Worth ( Crore)

FINANCIAL PARAMETERS

Exchange Rate 1 US$ = INR 60

(* - Bonus Share 1:1)

Year EPS (INR) P/E D/E

2010-11 8.26 15.19 1.20

2011-12 14.10 9.29 0.93

2012-13 15.32 8.83 0.68

2013-14 9.49 14.75 0.66

2014-15 11.77 14.52 0.45

2015-16 12.19 20.57 0.37

2016-17 22.80 17.72 0.27

2017-18 13.86 16.66 0.15

2018-19 14.37 17.51 0.07

82123

151

133

170208

403

336

238

0

50

100

150

200

250

300

350

400

450

10 11 12 13 14 15 16 17 Current

Mkt. Price INR

PERFORMANCE BASED ON EMPLOYEE PARAMETERS

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A Snapshot of our Human Capital

Attrition rate: 2018-19 : 3.03% Learning & Development : 5.67 Mandays / Employee

Human Capital Skill Set Others

Location Male Female

Delhi 85 25Professional : 241 76% of the professionals are of Technical

background as opposed to 24% NonTechnicalTech: 182 Non Tech:59

Dahej 249 4 Technician/Operators: 180Average Age:36.34 years (more than50% employees in 30-40 years age)

Kochi 128 3

Office Support 48(Receptionist/Assistant) Average years of association of employees

with Company: 7.45 yearsSupport Staff: 25 (Attendant/Driver/Caretaker)

2018-19 2017-18 2016-17 2015-16

Number of Employees 494 486 480 466

Turnover/ employees (INR Crore) 78.62 63.45 52 58.41

Profit Before Tax / Employee (INR Crore) 6.69 6.27 4.92 2.63

Profit after Tax/employee(INR Crore) 4.51 4.32 3.55 1.99

Employee Benefit Expenses (INR Crore) 12.58 91.12 73.86 71.69

Employee Remuneration cost (as % of Profit after tax) 5.64% 4.38% 4.33% 6.11%

Ratings & Ranking:

Moody’s International Rating Baa2 (at

par with India’s Sovereign Rating)

(2018)

Rated AAA+ by CRISIL, India Ratings &

ICRA (2018)

48th rank Fortune India 500 (2018)

51st rank in ET 500 (2018)

46th rank in D&B India’s 500 Companies

Certificate of Appreciation from US

Environment Protection Agency for

maintaining low methane emissions

RATING AND RECOGNITION

CSR – PARTNERING WITH SOCIETY

Healthcare and Sanitation

Financial assistance for construction of Trauma Care Centre at AIIMS,

Bhubaneshwar

Eye screening & cataract operational camps in Delhi, Dahej, Kochi, and U.P.

Education and Empowerment

Petronet Super 30 in collaboration with Indian Army & CSRL supporting

underprivileged & brilliant students of Kashmir for 11 months Residential

coaching for admission to IITs/NITs.

Skill development training for underprivileged youth in association with CIPET

in Gujarat , Kerala, Haryana and Himachal Pradesh.

Skill Development training of 540 women in Dharwad, Karnataka

Skill development initiative of Tribal girls with DRI Balrampur

Community Development & Others

Efforts towards Hunger Free City Numma – Oonu – Petronet Kitchen,

Ernakulam, Kochi

Solar lights installations in Pali, Rajasthan

Construction of BSF widow quarters in Gujarat, Rajasthan and Punjab

District level Special Olympics in Bharuch, Gujarat

Thank You

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