Petronet LNG extends CEO term

India's Petronet LNG has extended CEO Akshay Kumar Singh's contract until May 12, 2027.

Petronet said in a stock exchange filing on Monday that its shareholders approved a one-off final extension of Singh’s tenure from February 1, 2026, to May 12, 2027.

The resolution passed with 98.55 percent of the vote.

Singh became Petronet’s managing director and CEO in 2021.

He succeeded Prabhat Singh, who completed a five-term term with the LNG importer.

In addition to Singh’s tenure, Pramod Narang’s tenure was extended by two years, from November 26, 2025, to November 25, 2027.

Narang is Petronet’s technical director.

The resolution passed with 81.94 percent of the vote.

Petronet operates the 17 mtpa Dahej and the 5 mtpa Kochi LNG terminals.

The company expects to launch an additional five mtpa capacity at its Dahej LNG terminal by March 2026, according to Petronet LNG’s management.

In 2024, Petronet also launched two new Dahej LNG storage tanks, T-107 and T-108, each with a capacity of 180,000 cbm.

These two tanks added to six existing storage tanks at the Dahej terminal with a total capacity of 932,000 cbm.

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