CORPORATE PROFILE

PETRONET LNG LIMITED

October, 2015

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

3

5% 6%1%

PRIMARY ENERGY CONSUMPTION (mtoe) - WORLD

Source : BP Statistical Review-June 2015

36%

23%

28%

6% 6% 1%

Oil

Gas

Coal

Nuclear

Hydro

Renewables

Year 2005

Year 2014

33%

24%

30%

4% 7%

2%

Oil

Gas

Coal

Nuclear

Hydro

Renewables 4

Fuel 2005 % 2014 %

Oil 3,901 36 4,211 33

Gas 2,501 23 3,065 24

Coal 2,982 28 3,882 30

Nuclear 627 6 574 4

Hydro 662 6 879 7

Renewables 84 1 317 2

Total 10,757 100 12,928 100

8% 5% 0%

PRIMARY ENERGY CONSUMPTION (mtoe) - INDIA

11% 5% 1%

Year 2005

Source : BP Statistical Review-June 2015

33%

9% 50%

1% 6% 1%

Oil

Gas

Coal

Nuclear

Hydro

Renewables

Year 2014

5

28%

7% 57%

1% 5%

2%

Oil

Gas

Coal

Nuclear

Hydro

Renewables

Fuel 2005 % 2014 %

Oil

120

33 181 28

Gas

32

9 46 7

Coal

184

50 360 56

Nuclear

4

1 8 1

Hydro

22

6 30 5

Renewables

2

1 14 2

Total

367

100

639 100

INDIA – A MAJOR GAS/LNG CONSUMER

15th largest gas consumer – 51bcm (~138 mmscmd)

4th largest LNG importer – 19 bcm (~51mmscmd)

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

Share of Natural Gas in Indian Energy basket to increase from 7% to 20% by 2025

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

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

Source : BP Statistical Review June 2015 & Vision 2030, Natural Gas Infrastructure in India

SECTOR WISE PROJECTED GAS DEMAND (mmscmd) Sector 2015-16 2016-17 2019-20

Power 139 157 202

Fertilizer 72 97 106

City Gas 18 22 36

Industrial 25 27 35

Petchem/ Refineries / Internal Cons. 44 47 54

Sponge/ Iron/ Steel 8 8 10

Total Realistic Demand 307 358 443 0

50

100

150

200

250

2015-16 2016-17 2019-20

Power

Fertilizer

City Gas

Industrial

Petchem/ Refineries / Internal Cons. Sponge/ Iron/ Steel

6

CURRENT GAS DEMAND & DOMESTIC SUPPLY SCENARIO

Large demand for gas – but extremely price sensitive

111 121

157 172

307

358

442

625

713.5

0

100

200

300

400

500

600

700

800

900

1000

2015-16 2016-17 2019-20 2026-27 2029-30

Demand Domestic Supply

212

7

India Shipping Summit 2013

Ennore

Mundra

Existing P/L Network : 16200 KMS (430 MMSCMD)

Proposed additional P/L Network : 15000 KMS

Under Construction : 8000 KMS (400 MMSCMD)

Kakinada

8

LNG IN INDIA

“Vision 2030, Natural Gas Infrastructure in India” envisaged

a GDP growth of 6%

Current GDP growth of about 6-7%translates into overall

energy demand growth at CAGR of 6-7%

Given India’s growing energy requirements & unlikelihood of

matching increase in the domestic supplies, the import

dependence is only going to accentuate sharply in the coming

years

LNG Regas Capacities

Presently, India’s LNG import capacity is around 23.0

mmtpa through 4 terminals & meeting more than 35% of

total gas supply of the Country

9

PETRONET LNG LIMITED

Incorporated on April 2, 1998

Authorized Capital Rs.1200 Crore

Paid up capital Rs.750 Crore

Commencement of Commercial Operations - April, 2004

Equity

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

10% held by ENGIE

12.50%

12.50%

12.50%

12.50%10%

40%Public &

FIIs

10

TOWARDS THE VISION

(US$ Million)

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

- City-gas distribution/ direct marketing

- Air Separation Unit

- Solid cargo port at Dahej

- Wind Energy

Maintain highest standards of business ethics

Business Strategy

Revenue growth 24% EBITDA growth 10%

0

1000

2000

3000

4000

5000

6000

7000

1102 1311

1686

2130

2639

4539

5827

6291 6583

137 184 196 189 257 383

408 264

266

Revenue

EBIDTA

11

DAHEJ LNG TERMINAL

Located at Dahej in Gujarat in the Gulf of Cambay Commencement of Operations in 2004

LNG Cargoes unloaded : 1400+

7.50 mmtpa LNG imported from Qatar under long term contract

Terminal meets almost 30% of India’s gas requirement

Truck Loading facility can handle 3000 loadings/ yr.

Offering tolling services to Offtakers & Bulk customers

Capacity expansion to 15 mmtpa (provision for 20 mmtpa)

Expanded Capacity contracted with GAIL, GSPC, IOCL & BPCL

In principle Board approval for further expansion to 17.5 MTPA received. Tender for EPC Contracts floated.

Second Jetty Commissioned in April, 2014

Scheduled Completion December, 2016

Capacity (mmtpa)

2004 5.0

2009 10.0

2016 15.0

12

13

DAHEJ PLANT FACILITY

13

DAHEJ SECOND JETTY

14

DAHEJ PHASE III EXPANSION ACTIVITIES

15

DAHEJ PHASE III EXPANSION ACTIVITIES

16

VAPORISATION FACILITIES

LNG BY ROAD

SATELLITE HUB

SATELLITE LNG HUB & LNG BY ROAD

17

LNG Terminal located in Special Economic Zone

Terminal commissioned in September, 2013

Capacity 5.0 mmtpa

Long term contract of 1.44 mmtpa LNG from Exxon Mobil’s Gorgon Project (Australia) – supply to commence by end 2015 - back to back GSA with GAIL, IOCL and BPCL

Time Charter Party for 4th vessel selected

Currently operating at very low capacity in absence of major part of the pipelines connecting Tamil Nadu, Bangalore & Mangalore markets

Truck loading facility– supply commenced

Bunkering, reload and cool down services also initiated

KOCHI LNG TERMINAL Search eallint304576f8304576f800

18

KOCHI - FACILITIES KOCHI FACILITIES

19

KOCHI FACILITIES

20

KOCHI – TRUCK LOADING

21

KOCHI – BUNKERING FACILITIES

22

KOCHI – RELOADING

23

24 24

KOCHI PIPELINES

BANGALORE

MANGALORE

KOOTTANAD

KOCHI

COIMBATORE

SALEM

KRISHNAGIRI

KOZHIKODE

KANNUR

KASARGOD

ERODE

TIRUPPUR

KAYAMKULAM

States: 03 Districts:17

No decision Delayed Completed

24

NEW TERMINAL AT EAST COAST

Proposed Capacity : 10 mmtpa

Initial Capacity : 5 mmtpa

Location: Gangavaram, Andhra

Pradesh

DFR, FEED and various other pre-

project activities completed

All approvals received

Estimated Project cost: USD 750 Million

Gangavaram

25

Gangavaram

Port

LNG terminal to be developed as SPV with GPL as partner

MOEF has accorded Environmental and CRZ Clearance; State Government approval received

5 mmtpa onshore terminal proposed to be commissioned in 2017

Facilities to include 2 Storage tanks, marine & regasification facilities

Understanding reached for connectivity with East West & Mallavaram-Bhilwara pipelines. In discussions with Kakinada - Srikakulam Pipeline

Actively working on Customers tie up

GANGAVARAM TERMINAL Search eallint304576f8304576f800

26

STRATEGIC LOCATIONS – SERVICE THE ENTIRE COUNTRY

27

ASSOCIATED BUSINESSES

Petronet aims to diversify to further strengthen its business profile

DIRECT MARKETING

DAHEJ CARGO PORT

Joint development of Solid Cargo

Port along with Adani Group

Strategic location

Bulk /break bulk and also project

cargo

LNG to coastal consumers - small

LNG vessels

By road – satellite stations

Direct marketing – bulk

consumers

City gas distribution

WIND FARM

Setting up a wind farm of 40

MW in Gujarat

Captive consumption

Power cost optimisation

KOCHI - SERVICES

International Companies bring LNG, store

for a period and take it back

LNG Vessels to be provided services of

cool down and gassing up for warm

vessels

Vessels running on LNG as fuel to be

provided bunkers

28

PERFORMANCE GRAPH

2

179 212

270 330

373 447

587

742

831

948

0

100

200

300

400

500

600

700

800

900

1000 Net Worth USD Million

Exchange Rate 1 US$ = INR 60

1102 1311 1686

2130 2639

4539

5827 6291

6583

2654

0

1000

2000

3000

4000

5000

6000

7000

Turnover USD Million

290 322 321

400 440

548 524

494 533

288

0

100

200

300

400

500

600

Sales/ Service TBTU

63

95 104 81

124

212 213

119

147

83

0

50

100

150

200

250 PAT USD Million

29

FINANCIAL PARAMETERS

Year EPS (USD) P/E D/E

2006-07 0.08 23.99 1.08

2007-08 0.13 11.15 0.97

2008-09 0.14 11.62 1.15

2009-10 0.11 5.75 1.12

2010-11 0.17 15.19 1.20

2011-12 0.28 9.29 0.93

2012-13 0.31 8.83 0.68

2013-14 0.16 14.75 0.66

2014-15 0.20 14.52 0.45 30

0.54

0.92

1.24

0.94

1.46

0.80

1.64

2.46

3.02

2.22

2.83

3.13

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

2004 05 06 07 08 09 10 11 12 13 14 Current

Market Price USD

PERFORMANCE BASED ON EMPLOYEE PARAMETERS 2014-15 2013-14 2012-13 2011-12

Number of Employees 461 427 397 309

Turnover/ employees (USD Million) 14.28 14.73 13.21 12.35

Profit Before Tax / Employee (USD Million) 0.35 0.53 0.80 0.93

Profit after Tax/employee (USD Million) 0.32 0.28 0.48 0.58

Employee Benefit Expenses (USD Million) 9.51 7.77 6.16 5.99

Employee Remuneration cost (as % of Profit) 6.46% 6.55% 3.22% 2.83%

A Snapshot of our Human Capital

Attrition rate: 2014-15 : 4.5 % Exchange rate taken at 60 INR

Training & Development : 6.2 Mandays / Employee

Human Capital Skill Set Others

Location Male Female

Delhi 74 20

Professional : 224 71% of the professionals are of Technical background as opposed to 29% Non Technical Tech: 160 Non Tech: 64

Dahej 227 6 Technician/Operators: 176 Average Age: 34 .6(44% employees in 31-40 years age)

Kochi 132 2

Office Support : 35 (Receptionist/Assistant) Average years of association of employees

with Company 5.3 years Support Staff: 26 (Attendant/Driver/Caretaker)

31

Ratings & Ranking:

Moody’s International Rating Baa3

Rated AA+ by CRISIL, India Ratings &

ICRA

36th rank Fortune India 500 (2013-14)

43rd Rank in BW500(2013-14)

36th rank in ET (2012-13)

109th Largest Company & 214th most

Profitable Company in Plimsoll Global

Analysis on Global Crude Oil & Gas

Extraction Industry ranking

Certificate of Appreciation from US

Environment Protection Agency for

maintaining low methane emissions

RATING AND RECOGNITION

32

CSR – PARTNERING WITH COMMUNITY – DAHEJ

Participative community development programmes with State Govt. in Luvara & Lakhigam villages

Health & Sanitation

Potable drinking water/water harvesting/laying of water pipelines/ storm water drainage/solar street

lights

Preventive and social medicine aids (includes Primary Health Centre & ambulance)

Education and Employment generation programs

Sponsored laboratory to facilitate science stream education in school in Dahej

Indirect employment for local villagers in the area of Housekeeping & Horticulture

Community Development

Under Swachh Bharat Abhiyan sponsored Waste Management Vehicles in Bharuch

Construction of toilet blocks in schools in adjoining five villages & 172 household toilets in Luvara

village to achieve 100% sanitation

Massive mangrove plantation to cover 1000 hectares by 2015-16 in consultation with Gujarat Ecology

Commission/Forest Department

Sponsored installation of my PET waste recycling machine at Ahmedabad Railway Station, Bharuch

33

Developing Infrastructure Facilities for displaced persons at RMP Todu Canal – Kalamukhi Junction Rehabilitation

Area in Puthuvypeen

Sponsored the distribution of books and other study material to nearly 70 schools of the area benefitting 22,000

students

Conducted Eye Screening & Cataract Operation & Dental Camp for Puthuvypeen & neighboring villages

Sponsored purchase of Patient Transport Vehicle for cataract operations

Concreting & metalling of roads, side protection & repair/construction of culverts, footpaths in Puthuvypeen village

Installation of 65 Solar powered high mask lights in Puthuvypeen

Under Swachh Bharat Abhiyan adopted & constructed 120 toilet blocks in 75 schools in Assam, 8 schools in

Erankulam District & 1 school in Delhi NCR.

CSR – PARTNERING WITH COMMUNITY – KOCHI & OTHER PLACES

34

Thank You

35