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    You are at:Home » ONGC Seeks Joint Venture Partners To Foray Into Ethane Carrier Business

    ONGC Seeks Joint Venture Partners To Foray Into Ethane Carrier Business

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    By Aruna Sharma on February 20, 2025 PSU

    (BS)

    India’s Oil and Natural Gas Corp is seeking joint venture partners to build very large ethane carriers (VLECs) to ship feedstock for its petrochemical plant in western India, according to a document posted on the company’s website.

    ONGC Petro additions Ltd (OPaL), a unit of ONGC, operates a dual feed cracker. ONGC plans to source 800,000 tonnes per year (tpy) ethane to secure feedstock for the plant from May 2028.

    ONGC is seeking partnership with companies with experience in the operation and management of VLECs, very large gas carriers and liquefied natural gas carriers in the global market, it said.

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    Aruna Sharma

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