Petronet LNG Limited envisages to be a global LNG player and has thereby incorporated a wholly owned subsidiary company “Petronet LNG Singapore Pte. Ltd.” (PLSPL) to carry out business/ activities, including but not limited to purchase of LNG on long, spot and short-term basis and sale of LNG, trading of LNG to Indian and foreign companies, optimization and diversion of LNG under its portfolio, carry out hedging, investments in overseas ventures, etc.