Though the work at 5-MTPA Kochi terminal is likely to be completed in the current fiscal (FY13), the non-availability of pipeline infrastructure will limit the benefits

Petronet LNG has gained more than 32 per cent since the closing lows of Rs 122.77 in May 2012. The rise comes on the back of benefits accruing to the company from the steady rise in demand for gas. The supply, however, has been limited given the falling production from the Krishna Godavari (KG) basin. The company’s volumes have risen 6.3 per cent to 135 Trillion British Thermal Units (TBTU), or 2.6 MT (million tonnes), in the September 2012 quarter, as compared to 127 TBTU in the June 2012 quarter.