CORPORATE PROFILE

PETRONET LNG LIMITED

February , 2014

OVERVIEW

� Global & India’s Primary Energy Consumption Scenario

� India’s Gas Scenario, Infrastructure

� Role of LNG in India

� About Petronet’s

Dahej & Kochi Terminals� Dahej & Kochi Terminals

� New Initiatives

� Performance

PRIMARY ENERGY CONSUMPTION (mtoe) - WORLD

Fuel 2005 % 2012 %

Oil 3901 36 4130 33

Gas 2501 23 2987 24

Coal 2982 28 3730 30

36%

23%

28%

6%6% 1%

Oil

Gas

Coal

Nuclear

Hydro

Renewables

Year 2005

Source : BP Statistical Review-June 2013

Coal 2982 28 3730 30

Nuclear 627 6 560 4

Hydro 662 6 831 7

Renewables 84 1 237 2

Total 10708 100 12477 100

23%Renewables

Year 2012

33%

24%

30%

4%7% 2% Oil

Gas

Coal

Nuclear

Hydro

Renewables

PRIMARY ENERGY CONSUMPTION (mtoe) - INDIA

Year 2005

Fuel 2005 % 2012 %

Oil 120 33 172 31

Gas 32 9 49 9

Coal 184 50 298 53

33%

9%50%

1%6% 1%

Oil

Gas

Coal

Nuclear

Hydro

Renewables

Source : BP Statistical Review-June 2013

Coal 184 50 298 53

Nuclear 4 1 7.5 1

Hydro 22 6 26 4

Renewables 2.0 1 11 2

Total 367 100 563 100

Renewables

31%

9%53%

1% 4%2%Oil

Gas

Coal

Nuclear

Hydro

Renewables

Year 2012

INDIA – A MAJOR GAS/LNG CONSUMER

� 13th largest gas consumer – 55 bcm (~149 mmscmd)

� 4th largest LNG importer – 20.5 bcm (~55 mmscmd)

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

� Share of Natural Gas in Indian Energy basket to increase from 9% to 20% by 2025

� 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

2012-13 2013-14 2014-15 2015-16 2016-17 2019-20

Power 86 104 122 139 157 202

Fertilizer 60 60 60 72 97 106

City Gas 15 16 17 18 22 36

Industrial 20 20 22 25 27 35

Petchem/Refineries/Internal Consumption 38 40 42 44 47 54

Sponge Iron/Steel 7 8 8 8 8 10

Total Realistic Demand 227 248 272 307 358 443

Gas Demand (mmscmd)

SECTOR WISE PROJECTED GAS DEMAND

Source : Vision 2030, Natural Gas Infrastructure in IndiaSource : Vision 2030, Natural Gas Infrastructure in IndiaSource : Vision 2030, Natural Gas Infrastructure in IndiaSource : Vision 2030, Natural Gas Infrastructure in India

CURRENT GAS DEMAND & DOMESTIC SUPPLY SCENARIO

358

442

625

713

500

600

700

800

900

1000Demand Domestic Supply

(10.9)

(12.7)

(15.7)

(22.2)

(25.3)

(mmscmd) (bcf/day)

Source : Vision 2030, Natural Gas Infrastructure in IndiaSource : Vision 2030, Natural Gas Infrastructure in IndiaSource : Vision 2030, Natural Gas Infrastructure in IndiaSource : Vision 2030, Natural Gas Infrastructure in India

101.1 102.5 111.26 120.63156.7 172.2

211.79 231.42227 248272

307

358

0

100

200

300

400

500

2012-13 2013-14 2014-15 2015-16 2016-17 2019-20 2026-27 2029-30

(8.0) (8.8)(9.6)

(10.9)

(3.6) (3.6) (3.9) (4.3)(5.6) (6.1)

(7.5) (8.2)

103

53

156

47

156

28

156

55

156

72 119 147202

303

358

27585

143

40

228

Petronet Analysis 2013Gas demand and supply, 2016mmscmd, at customer gate prices

LARGE DEMAND BUT SENSITIVE TO PRICE

PETRONET ANALYSIS-2013

32

Source: Vision 2030. / PLL analysis

High Potential demand, 2016

Price of $11-12 mmbtu

Medium Price of $13-14/ mmbtu

Price of $16-17/ mmbtu

Price of $19-20/ mmbtu

Low2012 year end consumption

21 3 4

Imports

Domestic supplies

Sectors with demand

▪ Industries▪ CNG

transport

▪ Refineries▪ Industries▪ New

fertilizer plants

▪ Peaking power plants

▪ Base load power

Prices at Crude of $ 110/Bbl

Mundra

Existing P/L Network : 13000 KMS (330 MMSCMD)Proposed additional P/L Network :13500 KMS (330 MMSCMD) by 2016-17

India Shipping Summit 2013

Ennore

LNG IN INDIA

� “Vision 2030, Natural Gas Infrastructure in India” envisaged a

GDP growth of 6%

� Current GDP growth of about 5-6% translate into overall energy

demand growth at CAGR of 6-7%

� Given India’s growing energy requirements & unlikelihood of

matching increase in the domestic supplies, despite somematching increase in the domestic supplies, despite some

significant oil & gas finds recently, the import dependence is

only going to accentuate sharply in the coming years

� LNG Regas Capacities

� Presently, India’s LNG import capacity around 23.0 mmtpa

through 4 terminals & meeting more than 35% of total gas

supply of the country

PETRONET LNG LIMITED

� Incorporated on April 2, 1998

� Authorized Capital US$240 Million, Paid up capital US$150 Million

� Commencement of Commercial Operations - April, 2004

� Equity

� 50% held by Oil & Gas PSUs (ONGC, IOC, BPCL & GAIL )� 50% held by Oil & Gas PSUs (ONGC, IOC, BPCL & GAIL )� 10% held by GDFI (part of GDF SUEZ)� 5.20% ADB

(IOCL, GAIL, BPCL, ONGC)

50%

GDFI10%

ADB5.2%

Public34.8%

VisionVision

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

Revenue grew 27% EBITDA growth 19%

TOWARDS THE VISION

�� Create and manage worldCreate and manage world--class class LNG infrastructureLNG infrastructure

�� Pursue synergistic business Pursue synergistic business opportunities opportunities

�� Continue excellence in LNG Continue excellence in LNG business business

Focus on higher capacity

Business StrategyBusiness Strategy

(All Values in US$ Million)

60005827

- Focus on higher capacity utilization and better operational efficiencies

- Diversify LNG sources

�� Diversify businessDiversify business

- Gas-based power generation

- Venture into city-gas distribution/ direct marketing to far-flung consumers

- Solid cargo port at Dahej

�� Maintain highest standards of Maintain highest standards of business ethics business ethics

0

1000

2000

3000

4000

5000

6000

1102 13111686

21302639

4539

137 184 196 189 257 383 441

Revenue EBIDTA

DAHEJ LNG TERMINAL

� Located at West Coast, State of Gujarat in the Gulf of

Cambay

� Commencement of Operations in 2004

� Capacity (mmtpa) : 5.0 10.0 15.0

(2004) (2009) (2016)

� Truck Loading facility can handle 3000 loadings/ yr.� Truck Loading facility can handle 3000 loadings/ yr.

� LNG Cargoes unloaded : 1140+ cargoes

� Capacity expansion to 15 mmtpa

� Second Jetty : Scheduled Completion March 2014

� EPC Award : Storage Tanks Contract & Regas

(Regas & Storage Capacity) Contract Awarded

Scheduled Completion by

November 2016

� Expanded Capacity sold to GAIL, GSPC, IOCL & BPCL

DAHEJ LNG STORAGE TANKS

DAHEJ REGAS FACILITIES WITH AIR-HEATER

VAPORISATION FACILITIESLNG BY ROAD

SATELLITE LNG HUB & LNG BY ROAD

SATELLITE HUB

KOCHI TERMINAL

� LNG Terminal located in Special Economic Zone with Co-

developer status

� Capacity 5.0 mmtpa

� Tied up 1.44 mmtpa LNG from Exxon Mobil’s Gorgon Project

� Time Charter Party for 4th vessel selected

KOCHI LNG TERMINAL

� Time Charter Party for 4th vessel selected

� Kochi terminal commissioned in September, 2013

� Truck loading facility available

� Currently operating at around 5% capacity in absence of pipelines

connecting Bangalore & Mangalore markets

KOCHI KOCHI -- FACILITIES FACILITIES KOCHI KOCHI -- FACILITIES FACILITIES

18

KOCHI KOCHI -- MARINE FACILITIES MARINE FACILITIES

KOCHI PIPELINES

BANGALOREMANGALORE

SALEM

KRISHNAGIRI

KOZHIKODE

KANNUR

KASARGOD

ERODETIRUPPUR

2

1

3

6

PHASE-I CUSTOMERS

a. FACT, Udyogmandal

2020

KOOTTANAD

KOCHI

COIMBATORE

FACT 1

FACT 2

LEGEND

CUSTOMER LOCATION

KKBMPL PHASE – I

KKBMPL PHASE – II

KOCHI-KAYAMKULAM PL

NTPC,

KAYAMKULAM

States: 03

Districts:17

4

PHASE-II CUSTOMERS IN KERALA

1. Kasargod power plant

2. Western India plywoods Kannur

3. Kottakkal Aryavaidya sala, Kottakal

4. Indsil & Precoat mills, Palghat

5. Apollo Tyres, Perambra

6. Cheemeni power plant, Kasargod

5

b. BSES, Kochi (Reliance Energy)

c. BPCL, Kochi

d. KSEB, Brahmapuram

e. FACT-II, Kalamssery

f. TCCc

f

bd

No decision Delayed Completed

NEW THIRD TERMINAL AT EAST COAST

� Proposed Capacity: 10 mmtpa

� Initial Capacity : 5 mmtpa

� Location: Gangavaram, Andhra

Pradesh

DFR, FEED and various other pre-� DFR, FEED and various other pre-

project activities completed along

with obtaining of clearances

� Estd. Project cost: 1.2 Billion USD

Gangavaram

� LNG terminal to be developed as SPV with GPL as partner

� MOEF has cleared the project in its meeting held in November

2013

� 5 mmtpa onshore terminal proposed to be commissioned in 2017

� Facilities to include 2 Storage tanks, marine & regasification

GANGAVARAM TERMINAL

� Facilities to include 2 Storage tanks, marine & regasification

facilities

� To commence earlier supplies, FSRU option being examined

through which supplies can commence in 2015

� Understanding reached for connectivity with East West &

Mallavaram-Bhilwara pipelines

GANGAVARAM

Proposed berth location

Proposed land for plant sitting

DIRECT MARKETING

� Petronet exploring opportunities to supply LNG to Coastal area

consumers through small LNG Vessels in India and neighbouring

countries

� Direct Marketing by focusing on the following areas:

� Signed HOAs & supplied RLNG to bulk end consumers in

Power, Refineries & Fertilizers SectorsPower, Refineries & Fertilizers Sectors

� LNG/LCNG supplies through Trucks, to LNG hubs, Satellite

Stations at customer’s premises in regions not serviced by

pipelines under the Brand name of

PERFORMANCE GRAPH

536

704

824

500

600

700

800

900Net Worth USD Million Sales/ Service TBTU

247

290322 321

400

440

548524

376

300

400

500

600

176214

255

324

397447

0

100

200

300

400

500

125

247

0

100

200

PERFORMANCE GRAPH

4539

5827

4553

4000

5000

6000

7000

Turnover USD Million

104

124

212 213

150

200

250

PAT USD Million

389767

11021311

16862130

2639

0

1000

2000

3000

-6

39

63

95104

8190

-50

0

50

100

FINANCIAL PARAMETERS

0.540.92

1.240.94

1.46

0.80

1.64

2.46

3.02

1.92

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50Market Price USD

Earning Per Share (USD)

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

0.002004 2005 2006 2007 2008 2009 2010 2011 2012 Current

PERFORMANCE BASED ON EMPLOYEE PARAMETERS

2012-13 2011-12 2010-11

No. of Employees 397 309 276

Turnover/ employees (USD Million) 14.65 14.80 9.76

Profit Before Tax / Employee (USD Million) 0.8 1.02 0.67

Employee Remuneration cost (as % of Profit) 3.22% 2.83% 3.37%

� Total Number of Employees as on 31st March 2013: 397

Corporate: 86 Professional : 93

Dahej :203 Technical : 280

Kochi :108 Office support: 24

� Training & Development : 6.9 Mandays / Employee

� Average Age: 34.1years (47% employee in 31-40 years of age)

� 77% are Technical & 23% professional

� Average years of association of employees with Company 4.8years

� Attrition rate 2012-13 : 4.53%

A JOURNEY TOWARDS SUCCESS ……

� Ratings & Ranking:

• Rated AA+ by Fitch and ICRA rating Agencies

• 36th rank in ET (2012-13)

• 37th rank in Fortune India 500 (2012-13)

• 150th Largest Company & 301th most Profitable Company in Plimsoll Global

Analysis on Global Crude Oil & Gas Extraction Industry ranking

0Financial EXpress (FE 500)

30Fortune India 500

75

35

10

20

30

40

50

60

70

80FY 2010-11 FY 2011-12

Rank

�Letter of Appreciation for maintaining low methane emission footprint at Dahej

facility from United State Environmental Protection Agency

46

37

3032343638404244464850

FY 2011-12 FY 2012-13

Rank

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 the nearby school, Dahej.

� Inauguration of Petronet LNG Centre for Vocational Rehabilitation.

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

Community Development

� Renovation of personal facility & fencing at Panchayat office of Luvara Village, Gujarat.

� Participation in Govt. Devp. Schemes (Kanya Kelvani, Beti Bachao) & Devp. Distt Civic Centre

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

Ecology Commission/Forest Department.

� Constructing of canteen at Government Hospital, Bharuch.

� 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

� Sponsoring of local events like boat race, cultural and sports events in schools

Sponsor purchase of school bus for Kerala Blind School.

CSR – PARTNERING WITH COMMUNITY - KOCHI

� Sponsor purchase of school bus for Kerala Blind School.

� Concreting & metalling of roads, side protection & repair/construction of culverts,

footpaths in Puthuvypeen village

� Installation of Solar powered high mask lights in Puthuvypeen

Thank YouThank You