Higher US LPG imports: Why Indian Oil is looking to acquire 50% stake in very large gas carriers

Jul 29, 2026 - 17:30
Higher US LPG imports: Why Indian Oil is looking to acquire 50% stake in very large gas carriers

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If the plan goes ahead, IOC will become the first Indian refiner to own VLGCs. At present, the company primarily depends on time-chartered vessels to transport both LPG and crude oil.

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