Sir, the recently contracted volume that you talked about, which we signed in Jan and April, are these Brent linked?
Sir, what is the logic of signing Brent-linked contracts when Henry Hub is like $3, $4 per mmbtu cheaper, I think.
Questions across 3 calls
Bineet Banka
Nomura
Mahanagar Gas Limited
Just one question on CBG blending. So I understand there was some exemption on excise duty in this budget. So what could be the impact on EBITDA per SCM on MGL? And what is the current volume of CBG blending for the company?
What is the current cost of CBG that you procure compared to, say, your gas procurement cost? Any number you can share?
Petronet LNG Limited
Hi, sir. Thanks for the opportunity. In terms of potential offtaker for the spot LNG that we are bringing in, so who could be the potential offtaker at this price, $15 to $17 per mmbtu?
Okay. And sir, so Gujarat Gas has guided around 5 to 6 mm scmd additional gas demand from May onwards. So, assuming that all of this demand flows through Petronet LNG , so I think incremental volume could be around 1.5 million tons per annum which is close to 6 %-7% of your current volume. So, is it the right understanding?