CORPORATE PROFILE

PETRONET LNG LIMITED

NOVEMBER, 2013

OVERVIEW

�Global & India’s Primary Energy Consumption

Scenario

� India’s Gas Scenario, Infrastructure

�Role of LNG in India

�About Petronet’s�About Petronet’s

� Dahej & Kochi Terminals

� New Initiatives

� Performance

PRIMARY ENERGY CONSUMPTION (mtoe) - WORLD

Fuel 2005 % 2012 %

Oil 3901 36 4130 33

Gas 2501 23 2987 24

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 5-6% with similargrowth in Energy Consumption

� Target to increase share of Natural Gas in Indian Energy� Target to increase share of Natural Gas in Indian Energybasket to increase from 9% to 20% by 2025

� With marginal increase in domestic gas production shareof imported gas to increase substantially

� Pipeline network- developing into a national grid- needsto grow faster, connecting new markets

CURRENT GAS DEMAND & DOMESTIC SUPPLY SCENARIO

358

442

625

713

500

600

700

800

900

1000Demand Domestic Supply

(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)

SECTOR WISE PROJECTED GAS DEMAND

Gas Demand (mmscmd)

50

100

150

200

250

300

350

400Power

Fertilizer

City Gas

Industrial

Petchem/Refineries/Internal Cons.

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

02012-13 2013-14 2014-15 2015-16 2016-17 2019-20 2026-27 2029-30

Sponge Iron/Steel

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 35Petchem/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

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 PRICEPETRONET ANALYSIS -2013

32

Source: Vision 2030. / PLL analysis

High Potential demand, 2015

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

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%

GDFI

10%

ADB

5.2%

Public

34.8%

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(All Values in US$ Million(All Values in US$ Million(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 ofCambay

� 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 : Around 1100 cargoes

� Capacity expansion to 15 mmtpa

� Second Jetty : Scheduled Completion May 2014

� EPC Award : Expected by end 2013

(Regas & Storage Capacity)

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

KOCHI KOCHI -- FACILITIES FACILITIES

19

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

2121

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, PLL to hold majoritystake

� Obtained PESO approval & NOC from StateGovernment, Environment clearance expected shortly

� 10 mmtpa onshore terminal proposed with initial capacity of 5mmtpa likely to be commissioned in 2016/17

STATUS OF GANGAVARAM TERMINAL

mmtpa likely to be commissioned in 2016/17

� Facilities to include 2 storage tanks, marine & regasificationfacilities

� To commence earlier supplies, FSRU option being examinedthrough which supplies can commence in 2015

� Understanding reached for connectivity with RGTIL’s East West& GSPL’s Mallavaram-Bhilwara pipelines

GANGAVARAM

Proposed berth location

Proposed land for plant sitting

INTEGRATED POWER PLANT AT DAHEJ & KOCHI

� Proposed power plants of 3x356 mw-ISO (total 1068 mw CCGT)with improved performance, the expected output is 1200 mw

� Fuel requirement of 1.0~1.1 mmtpa LNG for each Plant

� Implementation schedule

� 12~15 months for pre-development activities� 12~15 months for pre-development activities

� 33 months for construction and commissioning

� DFR for a 1200 mw Power Plant – completed for Dahej

� DFR for Kochi Power Plant – Draft DFR under review

� Business Model - majority of power to be sold on firm PPA basis

� Power project to harness cold energy from LNG Terminal

DIRECT MARKETING

� Petronet exploring opportunities to supply LNG to Coastal areaconsumers through small LNG Vessels in India andneighbouring countries

� Direct Marketing by focusing on the following areas:

� Signed HOAs & supplied RLNG to bulk end consumers inPower, Refineries & Fertilizers SectorsPower, Refineries & Fertilizers Sectors

� LNG/LCNG supplies through Trucks, to LNG hubs, SatelliteStations at customer’s premises in regions not serviced bypipelines under the Brand name of

PERFORMANCE GRAPH

536

704

824

500

600

700

800

900Net Worth USD Million

290322 321

400

440

548524

400

500

600

Sales/ Service TBTU

176214

255

324

397447

0

100

200

300

400

500

125

247

290

252

0

100

200

300

PERFORMANCE GRAPH

4539

5827

4000

5000

6000

7000

Turnover USD Million

124

212 213

150

200

250 PAT USD Million

389767

11021311

1686

2130

26392990

0

1000

2000

3000

-6

39

63

95104

8168

-50

0

50

100

FINANCIAL PARAMETERS

0.540.92

1.240.94

1.46

0.80

1.64

2.46

3.02

2.08

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

Market 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

0.00

2004 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: 397Corporate: 86 Professional : 93Dahej :203 Technical : 280Kochi :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

• 35th rank in Financial Express 500

• 46th rank in Fortune India 500

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

Analysis on Global Crude Oil & Gas Extraction Industry ranking

0Financial EXpress (FE 500)

40Fortune India 500

75

35

10

20

30

40

50

60

70

80FY 2010-11 FY 2011-12

Rank

58

46

40

42

44

46

48

50

52

54

56

58

60

FY 2010-11 FY 2011-12

R

a

n

k

�Letter of Appreciation for maintaining low methane emission footprint at Dahejfacility from United State Environmental Protection Agency

CSR – PARTNERING WITH COMMUNITY – DAHEJ

� Participative community development programmes with GIDC in Luvara & Lakhigam villages

� CODEGAZ, the CSR arm of our strategic partner GDF Suez supports our cause.

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

� Construction of School , Scholarship & Vocational Training.

� 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.

� 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 & metal ling of roads, side protection & repair/construction of

culverts, footpaths in Puthuvypeen village

� Installation of Solar powered high mask lights in Puthuvypeen

Thank YouThank You