Categories: Appointments

Indian Oil Corp director A K Singh to head Petronet LNG

Indian Oil Corp (IOC) director-pipelines Akshay Kumar Singh will be the new managing director and chief executive of the country’s biggest gas importer, Petronet LNG Ltd. He will replace Prabhat Singh who completed his 5-year term.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

Petronet is a joint venture of IOC, GAIL, Oil and Natural Gas Corp (ONGC) and BPCL. The four state-owned firms hold 12.5 per cent stake each in the company whose chairman is the Oil Secretary. Petronet operates liquefied natural gas (LNG) import terminal at Dahej in Gujarat and Kochi in Kerala.

Important takeaways for all competitive exams:

  • IOC Chairperson: Shrikant Madhav Vaidya.
  • IOC Headquarters: New Delhi.
  • IOC Founded: 30 June 1959.

Find More Appointments Here

Sumit Arora

Recent Posts

Zomato to Replace JSW Steel on BSE Sensex from December 23

On November 22, 2024, the Asia Index Private Ltd, a subsidiary of the Bombay Stock…

1 min ago

India’s Forex Reserves See Sharpest Weekly Fall in Record, Hit 4-Month Low

India's foreign exchange reserves suffered their largest weekly drop on record, falling by $17.76 billion…

32 mins ago

World Bank Launches ‘Jobs at Your Doorstep’ Report in Delhi

The Union Minister for Education, Dharmendra Pradhan, along with Minister of Labour and Employment, Youth…

1 hour ago

Sony Sports Secures Rights for All ACC Tournaments (2024-2031)

On 22nd November evening, Jay Shah, the ICC president-elect and current chief of the BCCI…

2 hours ago

RBI Doubles UPI 123Pay Limit to ₹10,000 for Feature Phones

The Reserve Bank of India (RBI) has raised the transaction limit for UPI 123Pay from…

2 hours ago

Which Country is Known as the Land of the Upright Men?

Many countries around the world are known by special names that reflect their unique identity,…

2 hours ago