CORPORATE PROFILE

PETRONET LNG LIMITED MAY , 2013

OVERVIEW

Global & India’s Primary Energy Consumption Scenario

India’s Gas Scenario, Infrastructure Role of LNG in India About Petronet’s Dahej & Kochi Terminals New Initiatives Performance

6%

PRIMARY ENERGY CONSUMPTION (mtoe) - WORLD

Source : BP Statistical Review-June 2012

Fuel 2005 % 2011 %

Oil 3901 37 4059 33

Gas 2501 24 2954 24

Coal 2982 28 3724 30

Nuclear 627 6 599 5

Hydro 662 6 791 6

Renewables 84 1 195 2

Total 10537 100 12322 100

36%

23%

28%

6% 6% 1%

Oil

Gas

Coal

Nuclear

Hydro

Renewables

Year 2005

33%

24%

30%

5% 6% 2% Oil

Gas

Coal

Nuclear

Hydro

Renewables

Year 2011

PRIMARY ENERGY CONSUMPTION (mtoe) - INDIA

Year 2005

Source : BP Statistical Review-June 2012

Fuel 2005 % 2011 %

Oil 120 33 162 29

Gas 32 9 55 10

Coal 184 51 296 53

Nuclear 4 1 7 1

Hydro 22 6 30 5

Renewables 2.0 1 9.0 2

Total 364 100 559 100

33%

9% 50%

1% 6% 1% Oil

Gas

Coal

Nuclear

Hydro

Renewables

29%

10% 53%

1% 5% 2% Oil

Gas

Coal

Nuclear

Hydro

Renewables

Year 2011

INDIA – A MAJOR GAS/LNG CONSUMER

13th largest gas consumer – 61 bcm (~165 mmscmd)

5th largest LNG importer – 17 bcm (~46 mmscmd)

Economy growing at CAGR of 6-7% with similar growth in Energy Consumption

Share of Natural Gas in Indian Energy basket to increase from 11% to 20% by 2025

Despite increase in domestic gas production- dependency on imported gas to increase substantially

Pipeline network- developing into a national grid- needs to grow faster, connecting new markets

CURRENT GAS DEMAND & DOMESTIC SUPPLY SCENARIO

Source : Vision 2030, Natural Gas Infrastructure in India

101.1 102.5 111.26 120.63 156.7 172.2

211.79 231.42 227 248 272

307

358

442

625 713

0

100

200

300

400

500

600

700

800

900

1000

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

Demand Domestic Supply

(8.0) (8.8) (9.6)

(10.9)

(12.7)

(15.7)

(22.2)

(25.3)

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

(7.5) (8.2)

(mmscmd) (bcf/day)

SECTOR WISE PROJECTED GAS DEMAND

Gas Demand (mmscmd)

Source : Vision 2030, Natural Gas Infrastructure in India

0

50

100

150

200

250

300

350

400

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

Power

Fertilizer

City Gas

Industrial

Petchem/Refineries/Internal Cons.

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

SOURCE: Vision 2030. PLL analysis

103

53

156

47

156

28

156

55

156

72 119 147 202303

High Potential demand, 2015

358

Price of $11-12 mmbtu

Medium Price of $13-14/ mmbtu

275

Price of $16-17/ mmbtu

85

143

Price of $19-20/ mmbtu

Low

40

228

2012 year end consumption

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

LARGE DEMAND BUT SENSITIVE TO PRICE Petronet Analysis-2013

2 1 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

8

32

Dahej LNG

Terminal

Kochi LNG Terminal

Gangavaram LNG Terminal

INDIA’S GAS INFRASTRUCTURE

Hazira LNG

Terminal

Dabhol LNG

Terminal

Existing P/L Network : 11900 KMS (283 mmscmd) Proposed additional P/L Network : 14000 KMS (540 mmscmd) by 2016-17

LNG IN INDIA

‘Hydrocarbon Vision 2025’ envisaged a GDP growth of 5-6% for the E&P sector along with demand supply scenario of oil & gas in the Country

Current GDP growth of 6-7% translate into overall energy demand growth at CAGR of 7.00%

Given India’s growing energy requirements & unlikelihood of matching 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 18.0 mmtpa

through 3 terminals & meeting approx. 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 ) 10% held by GDFI (part of GDF SUEZ) 5.20% ADB

Vision 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 world-class LNG infrastructure

Pursue synergistic business opportunities

Continue excellence in LNG business

- Focus on higher capacity utilization and better operational efficiencies

- Diversify LNG sources Diversify 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

business ethics

Business Strategy

(All Values in US$ Million

0

1000

2000

3000

4000

5000

6000

1102 1311 1686

2130 2639

4539

5827

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 2500 loadings/ yr. LNG Cargoes unloaded : 1000+ cargoes Further capacity expansion to 15 mmtpa Second Jetty : Under Construction Regas & Storage Capacity : DFR, FEED Completed EPC Award : November, 2013

DAHEJ LNG STORAGE TANKS

DAHEJ REGAS FACILITIES WITH AIR-HEATER

VAPORISATION FACILITIES LNG BY ROAD

SATELLITE HUB

SATELLITE LNG HUB & LNG BY ROAD

KOCHI TERMINAL KOCHI TERMINAL

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

Two Storage Tanks constructed by IHI, Japan

Regasification Facilities constructed by CTCI, Taiwan

Marine Facilities constructed by Afcons Infrastructure Ltd

Plant Mechanically completed, scheduled commissioning by 3rd Qtr, 2013

KOCHI LNG TERMINAL

LNG STORAGE TANKS

REGAS AREA

KOCHI - MARINE FACILITIES

NEW THIRD TERMINAL AT EAST COAST

Proposed Capacity: 5 mmtpa Location: Gangavaram, Andhra

Pradesh Regasification Scheme: Indirect

Fluid using ambient air heater

DFR completed

FEED completed

Estimated Project cost: : US$ 900 Million

Gangavaram

LNG terminal to be developed as SPV with GPL as partner

Environment clearance expected by July 2013

5 mmtpa onshore terminal proposed to be commissioned in 2016

Facilities to include 2 storage tanks, marine & regasification facilities

To commence earlier supplies, FSRU option being examined through which supplies can commence early 2015

Understanding reached for connectivity with East West & Mallavaram-Bhilwara pipeline

STATUS OF GANGAVARAM TERMINAL

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

33 months for construction and commissioning

DFR for a 1200 mw Power Plant – completed for Dahej

DFR for Kochi Power Plant – under progress

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

Power project to harness cold energy from LNG Terminal

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 with bulk end consumers in Power, 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

BUSINESS MODEL

Robust Model LNG supply contract with RasGas, Qatar & Exxon Mobil,

Australia Gas Sales Agreement with GAIL, IOCL & BPCL back to back

with SPA Time Charter Agreement with established consortium Entire Fuel cost pass through including exchange rate

Location Proximity to LNG suppliers Most competitive LNG transportation cost Proximity to Customers – HBJ, DUPL and GSPC network in

Gujarat

FINANCING

Very strong parentage and a robust business model

Financing cost is amongst the lowest in the Industry

With the use of effective hedging techniques, the Company has been able to maintain a low cost of debt service even in such turbulent times

The average cost of debt is 9.49% p.a. in terms

PERFORMANCE GRAPH 000Net Worth 000Sales/ Service TBTU

125

247

290 322 321

400 440

548 524

0

100

200

300

400

500

600

Sales/ Service TBTU

176 214

255

324

397 447

536

704

824

0

100

200

300

400

500

600

700

800

900 Net Worth USD Million

PERFORMANCE GRAPH Net Worth USD Million000Sales/ Service TBTU

389 767

1102 1311

1686 2130

2639

4539

5827

0

1000

2000

3000

4000

5000

6000

7000

Turnover USD Million

-6

39

63

95 104

81

124

212 213

-50

0

50

100

150

200

250 PAT USD Million

USD per shareUSD per share

FINANCIAL PARAMETERS

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

.00.50

0.54 0.92

1.24

0.94

1.46

0.80

1.64 2.46

3.02 2.86

0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50

2004 2005 2006 2007 2008 2009 2010 2011 2012 Current

Market Price USD

FINANCING STRUCTURE

(US$ MILLIONS)

The existing debt equity ratio is 0.68:1; providing enough room to leverage Balance Sheet for new projects in future.

Particulars Dahej Terminal

Kochi Terminal

2nd Berth Dahej

Dahej Expansion

Total

Shareholders Fund Equity Capital/ Internal Accruals/ Premium

203 267 60 186 716

Debt 487 623 120 434 1664

Total Means of Finance

690 890 180 620 2380

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 • 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

75

35

0

10

20

30

40

50

60

70

80 FY 2010-11 FY 2011-12

Rank

Financial EXpress (FE 500)

58

46

40 42 44 46 48 50 52 54 56 58 60

FY 2010-11 FY 2011-12

Rank

Fortune India 500

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

Renovation of Building of UPES Government School, 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

Thank You