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.

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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.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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