New Delhi, Delhi, India, April 2025 — Saurav Mitra has been appointed as Director (Finance) and Chief Financial Officer (CFO) at Petronet LNG Limited, bringing with him over 30 years of extensive experience in financial leadership across the oil and gas sector. His appointment is expected to strengthen Petronet LNG’s financial strategy and governance as the company continues to expand its role in ensuring India’s energy security.
Prior to this, Saurav served in several senior finance roles at Indian Oil Corporation Limited (IOCL), including Executive Director (Internal Audit), Chief General Manager (Finance), Head of Project Finance at Refineries Headquarters, and Head of Finance at Gujarat Refinery. His work at IOCL spanned critical areas such as treasury, taxation, corporate finance, and internal controls, where he was also responsible for spearheading digital transformation initiatives like the Vendor Invoice Management System.
He also served as Senior Vice President – Finance & CFO and later Vice President – Finance & CFO at Lanka IOC PLC, the overseas subsidiary of IOCL, where he contributed significantly to the company’s financial strategy, capital structuring, and risk management initiatives. During this tenure, he also held the role of Director at Ceylon Petroleum Storage Terminals Limited, further reinforcing his international finance credentials.
An Associate Member of the Institute of Cost Accountants of India, Saurav is recognized for his expertise in corporate finance, risk mitigation, infrastructure financing, and policy implementation within the energy and petrochemical sectors. His hands-on leadership and proven experience in managing complex financial ecosystems make him a valuable asset for Petronet LNG as it charts a course for future-ready energy infrastructure.
About Petronet LNG Limited
Petronet LNG Limited is one of India’s premier energy companies, formed as a joint venture by the Government of India to import Liquefied Natural Gas (LNG) and establish LNG terminals across the country. Its key promoters include GAIL (India) Limited, Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), and Bharat Petroleum Corporation Limited (BPCL). The company plays a critical role in advancing India’s energy independence and infrastructure development, contributing to cleaner fuel adoption and sustainable growth.
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