Question

12: Petronet LNG Ltd. is an Indian oil and gas company formed by the
of India to import liquefied natural gas (LNG) and set up LNG terminals in the country. It is
an enterprise promoted by collusive effort by the Gas Authority of India Limited (GAIL), Oil
and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOC)
and BharatPetroleum Corporation Limited (BPCL) with an authorised capital of 1200 crores.
Each has 12.5% share totaling to 50%. The reasons for this alliances is complementary
capabilities and resources such as distribution channels, and technology.
On the basis of the given information about Petronet LNG Ltd., answer the following
questions:
(a) Identify the type of business enterprise highlighted by quoting the lines from above
case.
(b) Explain any four benefits of the type of business enterprise identified in above
question
(6 Marks)​

Answer 1

sorry I can't believe sorry I