Former Petronet CEO Prabhat Singh joins Reliance firm

Former Petronet LNG Ltd CEO Prabhat Singh has joined a Reliance Industries Ltd affiliate firm, second top executive to join billionaire Mukesh Ambani-run group within weeks of demitting office.

Singh, who completed a five-term term at India”s largest liquefied natural gas importer Petronet in mid-September, joined the “business leadership team of the India Gas Solutions (IGS)”, an employee communication by Reliance Industries executive director P M S Prasad said.

In August this year, former Indian Oil Corp (IOC) chairman Sanjiv Singh joined Reliance Industries Ltd (RIL) as a group president for the firm”s oil-to-chemicals business.

Singh had retired from India”s top oil firm in June-end.

“He (Prabhat Singh) will lead and drive the IGS organisation, aimed at assured supply of natural gas to meet its energy demand of India,” Prasad wrote.

Singh”s exact role, designation and hierarchy in the organisation were fuzzy.

RIL and its partner BP did not answer emails sent for comments.

India Gas Solutions Private Limited (IGS) is a 50:50 joint venture of supermajor BP and RIL that is focused on sourcing and marketing of natural gas in India.

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