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Petronet LNG profit rises 52.3%; company in talks on delayed Qatar cargoes
Indian gas importer Petronet LNG reported a 52.3% rise in net profit and said it was in talks with Qatar over undelivered cargoes, The Hindu reported1.
Reuters reported that Petronet was in talks with Qatar for delivery of delayed liquefied natural gas cargoes2.
Along with the results, Petronet declared a dividend of 7 rupees per equity share, The Hindu said1.
The Hindu framed the Qatar discussions as talks for availing undelivered cargoes1. Reuters' headline described the same issue as delayed LNG cargoes2.
The full Reuters article was not available to this desk, so profit figures, contract terms and any company comments in that report could not be checked here2.
Neither source reviewed in full set out how many cargoes were outstanding or when deliveries might resume1,2.
Sources
How it’s being reported
2 sourcesFirst reported by
Reuters
Petronet LNG reports 52.3% growth in net profits, in talks for availing undelivered cargoes
Quarterly profit growth, dividend and Qatar cargo talks
The Hindu said Petronet LNG posted 52.3% net-profit growth, declared a 7-rupee dividend and was in talks with Qatar on pending cargoes.
Leaves out Detailed quarterly figures beyond the profit-growth percentage in the material reviewed
India Petronet in talks with Qatar for delivery of delayed LNG cargoes
Gives this outlet’s account of the story.
Where they agree
- Petronet LNG was in talks with Qatar about delayed or undelivered LNG cargoes.