Ethane Express: Join ONGC's Mega-Carrier Project

Oil and Natural Gas Corporation (ONGC) is seeking joint venture partners to develop very large ethane carriers (VLECs) for transporting feedstock to its petrochemical facility in western India. The company plans to secure 800,000 tonnes per year (tpy) of ethane, starting from May 2028, for its ONGC Petro additions (OPaL) plant, which operates a dual-feed cracker. Funding for the VLECs will come from both local and global sources, and interested parties are invited to submit proposals by 27 March 2025. The joint venture will be responsible for the construction, financing, and transportation of the ethane.

News By Rahul Yelligetti.