We believe Petronet's earnings will continue to rise over the next 2-3 years, driven by higher volumes from Dahej LNG regasification terminal and a higher operating rate of the currently stranded Kochi terminal. Construction of the pipeline to evacuate gas from Kochi is progressing well. The company is further in the process of expanding capacity of the Dahej LNG terminal from 15 MMTPA to 17.5MMTPA. The expansion is likely to be commissioned in 1QFY19. This will help in meeting the rising domestic gas demand. Recently, it has expanded Dahej capacity by 50% to 15 MMTPA and...